And now, 1.216 support is broken. Time to look for shorting opportunities, i.e. sell the tops.

EURUSD only

Better wait until 1.195 to go long again

EURUSD only

Just call it a hunch. I'm just a newbie trader. I don't have any kind of experience or education in technical analysis. But I do have killer hunches sometimes. When they do come, they are accurate more often than not. But I haven't yet had enough of ...

EURUSD

If Monday closes above 1.21793, then yes, there is a possibility of a break up to 1.227 before drop to 1.211. In that case, my hunch would be wrong. But I'm holding my shorts for now... I expect a pivot right about now, go short to 1.216ish, then ...

EURUSD

So, if EUR/USD drops to 1.195 by Friday, would you still call it long term bullish? Oh, I see... Because then it should bounce around 1.23-1.16 and consolidate within that range for a few months then head up to 1.25-1.30 during late summer of 2021. ...

EURUSD

COT reports are already outdated. It was only short term bullish. Turning bearish now. Bulls will cash out during London/New York session on Monday. Then we'll have a bearish week, likely hitting 1.197-1.195 by Friday. Be warned...

EURUSD

It's funny how "being content with small gains" allows me to have a clearer perspective of what's really going on... Then you can just jump in and enjoy the ride...

EURUSD only

I would like to say insider info, but not really. It's more of a fundamental hunch, the kind that's not often wrong. I'm not the only one. The others who say the same are also not often wrong. Bigger, longer TF players. They put the technical ...

EURUSD only

Or not... We're heading down first to below 1.20 this week to penetrate the gap made by the Dec 1, 2020 bullish breakout D1 candle, then maybe come back up to retest 1.23+ before real drop down to 1.16 or lower. After that maybe 1.25-1.30 during ...

EURUSD only

That chart is outdated. GBP was bullish on 01/19/2021. But now, COT should show longs cashing out and shorts jumping in. We got a big dump coming on Monday.

Cable Update (GBPUSD)

Me too. What's your TP?

EURUSD

Go on my profile and read all my previous posts.

EURUSD only

IMO that level will not be seen again for a few weeks at least, maybe not for a few months.

EURUSD only

You're spot on, bro. This is one of those days when fundamentals will override technicals until we hit bottom. Just get in and ride.

EURUSD only

Just look at the morning star on the H4 chart! Looks like a top to me. Lots of red candles coming today...

EURUSD only

What happened was a surprise positive German PMI, resulting in a bullish rush, but now reality is settling in that all really is not well with the EU economy in general decline. (Buy the rumor, sell the fact.) We should still see 1.21, if not below ...

EURUSD only

If price now goes down below 1.21, then that means you got effectively killed by the stop hunters... I think it matters more where the H1 candle closes, which, so far, is only 1.21798. So, resistance is still holding on my chart... ...

EURUSD only

Massive bullish EUR/USD options at 1.2275 for 10 a.m. New York cut. They will lose. Also, massive amount of commercial EUR/USD bulls and DXY bears will either cash out or get stopped out. Big EUR/USD bear move coming in a few hours from potentially ...

EURUSD only

I'm betting on a big bear move from now on EUR/USD due to potentially miserable EUR/USD PMIs. Possibly to 1.20 by weekly close.

Traders With LIVE ‘Trade Explorer’

That's exactly what I see. Bulls are about to get robbed. I'm loaded short, ready to go with high volume London bears. Poor EUR PMIs 5 hours from now should be the trigger to switch everything bearish for the next few weeks at least.

EURUSD