AlpacaBlack

EURUSD 10 Sep, 2020 - Volatility Day ahead?

AlpacaBlack Updated   
OANDA:EURUSD   Euro / U.S. Dollar
So, ECB today. What to expect? Volatility seems is the only guaranteed outcome for today trading expectations.

before press conference we face seems 2 scenarios:
1. Fiber trying to get everyone bullish atm aiming for resistance level at 1.1867-1.1881. Expected scenario with slow rise and then fast falling?
2. Market can fall under 1.18-1.1785 and smash down 1.1752 before your can say Mom! Unexpected atm scenario by most of the market participants.

after press conference can be whatever you can imagine... :)))

Not legal and financial advice; any information provided here is only the personal opinion of the author.
Cheers!
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From conspiracy theory theme...
Yesterday market was ready to take stops under 1.1752 and touch 1.17 level before ECB, but someone was very upset with closing such perfectly running longs and ...
Here it is - a rabbit from the hat!
They leaked reports about the ECB staff forecast... Excellent!
EUR bounced sharply to the 1.1830 level yesterday and stopped. There is a feeling that sharks and whales closing longs on this up move and even if we see some upside till 1.1881 or 1.1912 it should be limited and imho need to fade it...
Take care. Trade smart. Cheers!
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when people say that TA not working...
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When I look at weekly I understand that buying eur ag usd is an idiotic type of trading.
But as usually it is deeply imho.
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I'm far away from idea that markets understand that all this talking today at ECB press conference was a bunch of nonsense. Market surely do not understand it, but market makers do...
Take care. Trade smart. Cheers!
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This is bigger view of previous GP
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I mentioned about sex, I hope I can get Oscar in 2024 then... Nice hope?
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"8 hours ago
Comment: From conspiracy theory theme...
Yesterday market was ready to take stops under 1.1752 and touch 1.17 level before ECB, but someone was very upset with closing such perfectly running longs and ...
Here it is - a rabbit from the hat!
They leaked reports about the ECB staff forecast... Excellent!
EUR bounced sharply to the 1.1830 level yesterday and stopped. There is a feeling that sharks and whales closing longs on this up move and even if we see some upside till 1.1881 or 1.1912 it should be limited and imho need to fade it...
Take care. Trade smart. Cheers!"

It was 8 hours ago, I mentioned conspiracy theory and conspiracy theory wins...
I told you we are under control... :)))
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Sometimes I have a feeling ...
That I was born to be analytic, not a trader. LOL.
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Interesting thing...
One of the best post from my humble view, merely live trading with you and only 124 views and 2 likes.
Either no one understands me or I'm bad analytic... :)))
Omar seems the only one understands me. Cheers! Have a nice evening!

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