Come on, too tempting. The R:R is through the roof. Set a 20pip and run this 60-100pips downward. Takers?...... ME!
Wait for price to bounce at this level. Long only valid if price holds. Let sellers exhaust. Then go long for a good R:R.
Biased is LONG. (Until 1.2800 is properly breached). If you get into a good position within the range for the upside. My 2cents Trade safe.
Will wait for retrace to the 109.50 level for a good R:R entry. Take UJ to 109.
EUR and Swiss... slugging it out. Potential trades only on smaller TFs, smaller targets. Wait for breakout.
Buy, target, 233SMA line. (Also previous structure resistance)
Bottom tested 4 times on the 1HR chart. Safe SL to be wrong. Otherwise smart trade with decent R:R
GBP playing in the price quarters. 1.4250 -> 1.4000 -> 1.3750. Sellers in control. Some consolidation around this area now, waiting for more major news to move either way. Wait and see approach. Scalp for the bounce up if you want to be aggressive.
Plan to wait a couple more bars, preferably going into the EU session. Confirm the down move. Wait for some retrace, then enter SHORT for good probability.
This is where smart traders should stay out. Let the market do its thing. Price is just not ready to go anywhere, would only consider taking long trades once MAs tell me its ready.
EU has to make some retrace, or convincingly breach this 1.2150 level to head towards the next psy support level at 1.2000. Be patient to look for good short positions.
Got stopped out (by 1pip... expected in this world of trading) in a previous short. Stayed out, and when saw the Price Action on 15min, jumped back in for the short. Good R:R, and a lesson that patience, and treating each trade as its own will reward the good trader.
Decided to take an early entry for counter trend trade. Large price quarter at 1.9750. Let's see how this pans out.
Patience, and getting into a good position for SELL, the 1.2250 (Large price quarter not breached) Counter trade will be to BUY for up, but there is no power in the EUR right now, so wait it out.
The bias in on the uptrend. Recommend to buy on dips, preferably nearer the 1.2750 area. Sell only if nearer the TOP of supply zone range. Reminder: Play the probability, make sure it is in your favour.
Price Quarter Theory. This pair seems to be playing by the book, and price must stall around 82.50 for this play to be valid. Have been moving from 77.50 - 80.00 - 82.50 - 85.00 (250pip range hence price quarter, of a major 1,000pip range). I'll be looking for a sell in the next day / couple of days.
Would prefer price to make a new high and poke outside of the box. When price returns into the zone, to consider a Short.
Dived in on second test on the low. Good R;R trade begging to be taken. Small Position open 60,000, let's grab some pips