@painterAmit on EURUSD | PriceONN Community
This week was a bust for my EURUSD shorts. Saw that resistance hold Friday but then dollar faded. Ended up just getting chopped around. Next week needs a clear direction or I'm sitting out.
Replies
Hey @painterAmit, I feel you on that. This week has been tricky, lots of chop around that 1.15 level. The dollar strength talk, especially with oil going up again, is definitely making things unpredictable. I saw some decent selling pressure near that R1 pivot, so I'm keeping an eye on whether that holds. It's tough when you don't get that clean break you're looking for. Maybe we'll see some clearer direction once NY gets more involved or later in the week. For now, just gotta be patient and wait for the right setup, otherwise it's just giving money away.
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Yeah @painterAmit, I feel you on that EURUSD chop this week. It's been brutal trying to find a clear move. I saw that dollar strength narrative creeping back in, especially with the oil prices going nuts again past 110. That kinda news usually gives the dollar a boost, which is exactly what we don't want for EURUSD shorts. I'm not sure if the jobs data is gonna be the catalyst or just more noise. I've been tempted to just go full margin long on EURUSD, YOLO style, just to see what happens, but then that German inflation report is still lingering. Maybe we need to wait for a clear break of that 1.15 support or resistance. I'm thinking of setting up a quick scalp long if it tests the S2 pivot around 1.1504, but with 100x leverage, even a small move against me is game over. It's either lambo or ramen tonight, for real.