How Did You Handle The News.. EURUSD Update
Updated
So we just had CPI data come out with a 7.1% Showing... Market heavily affected with USD further weakening. For many this gave the way for EXITS on any former light longs and an idea of where we can look to short...
But the main point is this provides opportunity to Trade News Events the right way... By not guessing.
Use the market RE action. Not the market action.
Trade safe Trade small and watch on and learn..
But the main point is this provides opportunity to Trade News Events the right way... By not guessing.
Use the market RE action. Not the market action.
Trade safe Trade small and watch on and learn..
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This is why you EXIT after the Strong move you often get a fall... Remember for next time..!Comment
Looking now to exit light shorts taken for gains. Any light longs still needed lower for mkt value.Comment
Price Continuing as we looked for it to based on Strong Sentiment for USD Weakness.Looking to scale in on a further rise the TGTS higher up (Shown in video)
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We have more news 19:00 FOMC. Remember this lesson we are not GUESSING. We trade the reaction as smart traders :)Comment
exit light shorts for gains.Comment
All sides Traded Great. Have a nice weekend all!Comment
New analysis to come this week as we re position on EUR.Comment
Note the level we are now returning to for longs.Comment
Light longsComment
Exit for gains again!Comment
Market Is For Scalpers At The moment. Trade accordingly with appropriate risk. awaiting changed news sentiment for higher or lower entries as per the analysis video.Comment
1.05 is your long zone at Weekly Support. light-mid longs.Comment
Start to look to scale in on any further rash moves down close to our predetermined long zone. Looking for improved impetus next week.Comment
Looking long on this week and looking for further volatility.Any fast moves up we shall exit IN TIME without FOMO.
Trade Small do not guess the news at any time!
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Boom out for gains. +50Comment
Out for further gains. Exit all longs as we start to look at the short side.Comment
Looking for further risk averse longs 1.04800Comment
Look lightly short at 1.06700Comment
Exit Scalp shorts taken for gains. Much harsher Rise or fall needed for further moves STAY posted.Comment
Take LIGHT Longs. Risk averse traders go for 1.04800Comment
Look lightly short on current rise exits in nearish future.Various market news events tomorrow so need to stay active.
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Exit for gains.Comment
Retail Sales (US) to come tomorrow.Looking short higher up as we scale in.
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All exits taken on yesterday fast and hard fall.RE shorts come far higher.
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ECB news fairly well anticipated but may see volatility.Be on guard and manage positions well (KEY RM rules)
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Take light shortsComment
Exit Light Shorts Taken Prev Looking to RE short 1.08 as impulse rise comes.Comment
1.088 suits current short bias.Comment
Light intraday long zone circa 1.0705Comment
No sentiment moving the EUR looking long on further falls.Comment
Market Ugly... RASH move needed for 1.11+ area and shorts. Any other is scalp shorts.Comment
Light short side trading NOW looking for 1.11 risk averse (nearer full position size).Comment
Maintaining light shorts remainder placing 1.11Comment
Looking for impulse moves 1.116. Take off any light shortsComment
Let the market breathe and don't rush in. Still have FOMC to go.Comment
Price raising up to 1.116 and this is why we hold off.Looking to short when we run to 200MA
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TGT for longs to scale In is still lower.Comment
Shorts 1.116 at KEY long term PA.
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