EURUSD

Let's see if we get traction on longs today.

I will try either outcomes climax bottom or long from current lows.

Price is going up now

Any option barriers please? I am thinking of buying now and placing stop below hourly low

I'd wait for Franky open. Maybe a fakeout below this Asian low & then buy (if that happens).

If it is testing the nearest highs before the news, then the playbook is to sell when you get your bearish trigger. And opposite for Buy.

Let's see if we get traction on longs today.

I will try either outcomes climax bottom or long from current lows.

Any option barriers please? I am thinking of buying now and placing stop below hourly low

I've sold it at 27, SL at 31. This is the sessions chart.

Looks like your sessions chart captures both London & New York, mine captures just Pre-Franky & London

I'm looking at both sessions combined. I also look at each session individually as well. Levels on both matter.

I've sold it at 27, SL at 31. This is the sessions chart.

Stopped out at BE.

I'm fading this move. I'm long at 07 approx, SL at 03. There is no trigger for now, so the position is small.

Okay but why the decision to fade?

The playbook for Eurozone PMI today was, it will test the nearest levels & sell (I was thinking 30). And then it will hit the real buy level below the Asian low, if this is going to be a buy.

I want to position on the buy side. Also, 1410 is the weekly low of the war drop. We are right there. I am looking to buy EURUSD, and this is a low risk try, worth it. Chasing sells here, seems like a bad idea.

But as I said, there is no trigger, it is a highly speculative entry.

The playbook for Eurozone PMI today was, it will test the nearest levels & sell (I was thinking 30). And then it will hit the real buy level below the Asian low, if this is going to be a buy.

I want to position on the buy side. Also, 1410 is the weekly low of the war drop. We are right there. I am looking to buy EURUSD, and this is a low risk try, worth it. Chasing sells here, seems like a bad idea.

But as I said, there is no trigger, it is a highly speculative entry.

This is the low for the first 2 weeks during the start of Iran war. Price has traded in between that range since then. We are at that low now.

If the USD positioning is large enough, you could get a reversal from here.

I'm moving SL to BE, the price is moving really slow. The reaction on this level so far is really weak.

I placed a sell limit @1.14322 but price movement is very slow just waiting for NY session