DAILY TRADE SETUP

Still at same level no volatility just slow, I will hold till even next week

I closed out last night because of wider spreads as price was close to my entry

The buys should really come in. I want to close today in profit.

CPI is by 1:30

Maybe the news may fuel the bullish momentum. We can't tell yet

Still holding mine too, from NY session price will definitely push upwards just hope for the best

I have checked all fundamentals sites I haven't seen CPI for today as a red folder news please where did you see yours

I made a mistake...

It's supposed to be for next week

You should be in drawdown by now

I took a loss on my trade

That zone I marked actually failed and didn't hold to push price upwards, the trend is changing

Price just retraced to sweep that low i marked

After sweeping that liquidity the next line of action should be price breaking above 1.14385 level I just marked for a bullish movement continuation

The Euro Currency Index (EXY) is a great performance indicator for Euros. Technically, it's still confined to a bearish trend, but currently in a bullish pullback.(flag Pattern). Once the flag pattern is invalidated, i'll expect EURUSD to resume strong sells down to 1.1166.

EURUSD- Price is back to the price level i was expecting it to use for a rebound @ 1.1410. the price level confluences a trend Support with the right shoulder of the inverse head and shoulder pattern. I'll Expect EU to start with buys for the week, but if it invalidates the trendline then we'll see a strong downside.

By Clear structure I mean GU is more volatile than EU. And I'll Prefer taking trades on GU than EU cause there's higher chances of hitting my TP without drama once it's done grabbing liquidities. but EU can grab liquidity and still not move as expected.

Compare this two 1hr charts technically. GU channel is narrow and trending. But EU Channel is Wider and erratic.

My EU trade has hit SL at market open there was a huge jump with a new week opening gap, will look for another setup

Dem we go again

The EU trade I was holding last week because of price jump actually it hit my SL, so I won't trade EU again until I see reactions at those support level, due to the fact that the pair has been ranging

EU has already invalidated the trend line although showing some Rejection from the 12hrs , which I don't really consider yet untill Tuesday open, so I will be sure if that zone I marked will be broken or rejected

I will also watch the DXY and upcoming ECB or US data, because a flag invalidation backed by strong fundamentals usually gives the bearish continuation much more conviction than technicals alone.

The jump was just too much and it actually took my SL, but it's fine as long as my risk plan is still active i will look into it again but only on confirmation