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Trader Journals:::2025-12-18T04:14:36

TST as the Foundation for Medium-term Trading

EURUSD Yesterday was quite interesting in terms of news. At first, it seemed like the American news pushed the market up, but then it dropped down and ended the day at the very bottom. Now it's not very clear what will happen next. There are still plenty of levels to grow into, but it's also time for a correction. It seems like a correction is underway. We'll see how far it goes by the end of the week. Today, the market continues the trend that started at the beginning of the week, but the development is going in a completely different direction. We opened even lower today, tried to move up a bit, but it didn't really work out, and then headed down during the Asian session. The reason for this is not very clear. Yesterday's statistics were not in favor of the dollar, so this behavior doesn't align with the logic of the non-farm payrolls. The price has now dropped below the KTL and could continue to decline. At 12:00, a significant block of news about the Eurozone will be released, and it's currently unclear what the forecasts are. This might be where today's direction is determined – either we go even lower after the correction, or we return to the bottom and start working there at least in the second half of the day.

TST as the Foundation for Medium-term Trading

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