Re: EUR/USD

1252
mlawson71 wrote: Tue Mar 29, 2022 1:17 am Clearly it won't end anytime soon. I'm just sitting and waiting for this pair now.
I don't know why anyone waits for it to end as you could have made a lot of money selling EURUSD since 06-2021:
Nevertheless the monthly starts to give us certain hints:
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Re: EUR/USD

1257
mlawson71 wrote: Sun Apr 10, 2022 12:06 am It also formed a double bottom around 1.0840. We may see a new move north next week.
This is, of course, quite possible. But as yet, I don't see any indications for up, except strong resistance.
My guess, based on the fact that the last candle is strong down, is that price will move down a bit further before it turns:
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Re: EUR/USD

1260
mlawson71 wrote: Wed Apr 13, 2022 12:21 am And now it's stuck in a sideways consolidation. It too narrow for me to trade that.
I don't know which timeframe you trade but:
If you use a daily open line I think there were a few trades to be had (M15, H1):
As lonig as price is below daily open look for sells.
As lonig as price is above daily open look for buys.
(You could also have used PP daily: several rejections at S1 (one even up to PP))
[and some time later price moved down - as expected...., so there you are]


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