EUR/USD:

I made a move after the previous 1-hour candle closed above the resistance level of 1.07370. I added another buy position and set up a pending order slightly below the new entry price. Now I can rest with confidence in my decision. Nightnight from my end.

Oh, dear me! My crystal ball must be on the fritz because it’s painting a different picture than what my strategy intended. How will I slumber now, knowing I might be sailing adrift in a sea of uncertainty? Perhaps I should take a page out of the Beatles’ book and “Let It Be...”
After all, “The Long and Winding Road” isn't just a great song; it's also a perfect metaphor for the ups and downs of trading!

With the EUR/USD pair moving steadily, I am feeling quite content (at post time). However, I will stay cautious, as the markets are like the ocean - sometimes calm and peaceful, but also susceptible to sudden and unpredictable storms. As I head to bed, I'll rely on my subconscious to watch for any signs of trouble ahead... While my dreams are filled with the gentle lapping of waves on the shore of profitability.   I wish!

In a time of shifting global dynamics and increasing political tensions, financial markets respond with similar volatility, much like waves on a constantly changing ocean. However, with the v2v dynamic trading system as your steadfast rudder, you can steer your investments deftly through choppy waters, whether that means navigating the rough seas of Chinese Coast Guard interference or simply enjoying the tranquil currents of stable markets. Allow v2v to guide you through the ebbs and flows of geopolitics, always adjusting your course towards profitable horizons.

The markets are like a tapestry of numbers, charts, and trends that deserve to be woven into a beautiful story.

EUR/USD: an update... current position

With the calculated precision of a veteran astronaut, I’ve secured profits for some of my buy entries from yesterday and earlier today. Now, one final rocket ascends to just above the clouds, aiming for a take-profit objective at 1.08170. If the market’s winds are in our favor, this launch may bring just enough gains for me. 

As a precautionary measure, the stop-loss has been set at 1.07500, slightly above the current week's VWAP line (as of post time), ensuring a safe return in case of turbulence.

EUR/USD: new positions...

I've noticed that the rocket's engines have started to cool and the countdown to re-entry may have begun. With a sharp eye and steady hand, I have initiated the first stages of a new sell entry and arranged additional sell limit orders as landing pads. I am prepared to seize further opportunities as the price (may) descends. With these measures in place, it's time to secure and prepare for turbulence as I observe the price movement. The journey carries on, but the trajectory has shifted in my perspective (only).

TPs @ 1.07820, 1.07950, and 1.08070
SL @ 1.08700

EUR/USD: updated chart before FOMC statements

When analyzing the weekly market data, it's evident that my custom R78 area closely aligns with the traditional weekly pivot point. This is because my weekly pivot point is calculated using the Weekly Volume Weighted Average Price (VWAP), which represents the midpoint or 50% level of market activity.

The R78 area, commonly known in pivot trading circles, acts as a pivotal reversal point or an ideal location for setting the Take-Profit for certain pivot-based strategies. This region, calculated based on the midpoint of market activity, can be an advantageous location for identifying potential price reversals or locking in profits for traders who understand its significance. However, again... my weekly pivot point is calculated using the Weekly Volume Weighted Average Price (VWAP), which represents the midpoint or 50% level of market activity.
Considering the significant resistance at the R78 area for upward price movements and the nearby traditional weekly pivot point, being at or near it may suggest a potential upward or downward movement. Though, during FOMC it goes both ways, ha ha ha ha! LoLz... But in my biased opinion... Therefore, it is possible that the EUR/USD pair could experience downward pressure during the upcoming FOMC statement. However, it's important to note that certainty in financial markets is rare. While the R78 area suggests potential price decreases, market movements can be unpredictable, similar to a cat chasing a laser pointer.

Blood on the streets... Updated positions

As the current 1-HR candle comes to a close, it seems that 1.08150 could act as a pivotal point separating the bullish and bearish forces in the EUR/USD market. If the price drops below this key level, I plan to sell at higher prices, taking advantage of the opportunity to capitalize on the bearish trend.
After the hour candle mentioned above...

The previous 1-hour candle closed below the level of 1.08150. I took this chance to close one sell entry for a modest profit and quickly adjusted my stop loss to protect my gains. As the new candle forms, I am prepared to sell at higher prices if the price starts to rally. Like a hunter in the wild, I'll wait patiently, ready to take advantage of any bullish movements and turn them into profitable opportunities. Good luck to me! ; )—

Assuming ( ONLY ​​​​​​​) that the market presents an opportunity to buy dips... I'm looking to enter at or below the 1.07600 level, which corresponds to this week's pivot point. I calculated this level using my own custom VWAP-based pivot analysis, which marks the market's 50% midpoint. It's not your typical Pivot Point line. While my strategy relies on technical analysis with some consideration of fundamentals, sentiment, and trained intuition, I understand that the markets can be unpredictable.

EUR/USD:  sell the high

A new position... and sell limit orders

TP @ 1.07770, and 1.07350
SL @ 1.086