#EURUSD DATA US
๐จ US CPI (May) JUST DROPPED โ Quick Take for EURUSD traders
Core CPI m/m: 0.2% โ (vs 0.3% forecast, 0.4% prior) โ clear missโจCore CPI y/y: 2.9% (in line)โจHeadline CPI m/m: 0.5% (in line)โจHeadline CPI y/y: 4.2% (in line, energy-driven)
Bottom line:โจMildly DOVISH for the USD โ BULLISH for EURUSD
The โsell EURUSD anywayโ crowd is fighting the data. Core monthly miss is what the Fed actually watches. Headline jump is mostly oil โ market usually looks through that.
Pre-release shorts + positioning = possible knee-jerk dipโฆ but the data itself does NOT justify aggressive selling.
Buy the core-cooled dip unless something else (equities, geopolitics) overrides.
Watch the next 15-60 min reaction ๐
#CPI #EURUSD #Forex #Trading
#EURUSD
20 pips a day with about 4 hours screen time. Try this. 1 min 5 min 60 min 50 SMA.
Only trade when all 3 are in sync. Be happy with 5 to 10 pips a trade. One minute is the TRIGGER. Key is low leverage only 2 times account size max. Needs 70% SR for 50% PA.
@the_westender@BestForexMethod You both legends are neighbours by vision and contribution
Learnt a lot from Darren's earlier videos, Dee's modest approach made the continuation unbeatable 1โค๏ธโ๐ฉนโค๏ธโ๐ฉนโค๏ธโ๐ฉน
@Goldessap@the_westender
Grace or handing over race baton counts, transition is part of journey LIFE, She will live n rule our hearts for ever. Foundation She laid and legacy you carry forward,I am sure will yield results in future and She will be getting due respect deserved ๐น๐๐ฒ
@the_westender 95% X users sharing trade ideas use X as a stepping stop to monitze their revenue stream, sooner or later, launch their private paid groups(telegram/discord) Wandy(DD) one of few did opposite. All the prayers for good soul.
Best wishes for whatever you work on.๐น