EverythingForex

(T) EURUSD - Wave (C) Now? Predicted 5 Months Ago. Today...BAM!

FX:EURUSD   Euro Fx/U.S. Dollar
4290 65 62
BAM! How'd 'you like that? Did I call it or what? And this is just the beginning! What am I talking about? This....

On 11/22, 12 days ago, I posted this chart where I was saying EURUSD             was "Setting Up For A Nice Move" up. Did I call it or what?
(T) ANALYSIS: EURUSD - Setting Up For A Nice Move.

In that post, I said this:
"The way I see it,, is that this pair is looking to bust it's way up!" and "the thing to pay attention to most if the possible completion of the POTENTIAL Bat @1.06102"

Well, as if on call, after I posted that, the POTENTIAL Bat got filled and shortly after that, a POTENTIAL Crab #1 also got filled in short order. And then after waiting another few days while prices just kept consolidating at that level, today POW! BAM! KAPLOOEY! Fireworks! In one day, it SHOT up +370 pips!

Now who saw that coming? I did ! And I called it 12 days ago! How many of those "fundamental" guys called it? Oh, right. They were still screaming SELL! SELL! SELL! At least the trolls who were banging away at my posts were saying so. Where are they now? Probably hiding away in a corner somewhere trying to come up with some justification why prices did this and why they weren't wrong.

So what are we looking at here. What is going to happen now? First, let take you back to July 12th, 5 months ago. Back then I posted this chart:
snapshot

In that chart, I was showing that this pair was in a corrective pattern that was going to be unfolding in a ABC Zigzag pattern and that at that time, we were in a wave (B) down. My chart had hinted that prices would get down to around the 1.07's. Well, prices actually dropped quite a bit more than I thought into the 1.05's but the idea was correct. That prices were to drop in a wave (B) before moving up MASSIVELY in a wave (C). And that is where we are now. The beginning of the wave (C) up.

Here's the current DAILY CHART . Click on it to get some descriptions:
EURUSD DAILY Chart - December 2015

WAVE COUNT
In my post 12 days ago, I mentioned that prices were in an ending diagonal pattern and that the pattern was complete. I was a little bit early with that prediction but overall, I was correct. That ED ended today and we got an EXPLOSION out of it into the new wave (C) up. This ED ended the wave (B) down right at the . 886 retracement of wave (A) in the .886 level of the G-ZONE. The highest probability reversal level of he G-Zone.

PATTERNS
In this 4Hr chart, there is a COMPLETED Cypher . This cypher could be signaling a retrace on the HUGE spike up yesterday. Please see the DAILY chart above for more on the DAILY patterns.

MY TRADE PLAN
With today's NFP looming, it is difficult to say what is going to happen. So I am basically in a holding pattern. Most likely, we will be seeing some kind of retrace on this spike occurring but with the NFP coming, anything is possible. Even ANOTHER 300 pip spike up! Or down! Awww, heck. Who knows?
For those wanting it, the FREE WEEK offer is still planned. Interested? Please PM me. Do you want my FULL charts? Twice a day market updates? Trade Alerts? FULL analysis? And MORE? Click here to join: http://bit.ly/29x4bfM
wstchse PRO
a year ago
Great call!
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Eleven
a year ago
I call hax.
Very nice work :) +1
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Rayge
a year ago
I want to short this pair at 1.109-1.12
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Josphat89
a year ago
Your posts are always informative. Very interesting to read. You have a way with words
+1 Reply
EverythingForex PRO Josphat89
a year ago
Thanks, I'm glad it helps.
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MANOLIS PRO
a year ago
Very Nice, Thank you
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EverythingForex PRO MANOLIS
a year ago
you're welcome.
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jhakas
a year ago
Did someone notice where euro and gu are...??? right exact at last month NFP figures... wow!!! and eurogbp too..... wow..!!! amazing..

So question is... are we going to go down... like last month... or things going to change upside this time..

last time on thursday euro and gu both fall down... gu fallen from 1.54 and euro from 1.105... but this time on thursday both pairs rocketed high...!!! lets see what brings nfp..!!!

what a co incidence of figures... amazing!
+1 Reply
PlayDefence
a year ago
Wow. You are absolutely Harmonics Pattern and Elliott Wave master. Thanks for sharing such an aspiring analysis, though I saw there's an ending diagonal but I forgot set up but stop order, I started forex trading a month ago, really lots of to learn.
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EverythingForex PRO PlayDefence
a year ago
I'm far from being a master. There are guys here that are better than I at both. But thanks.
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IvanLabrie PRO
a year ago
Fundamentals didn't call for a sell...if anything you should be on the lookout for a long against the mainstream expectations (rate hike was priced in already).
Just my 2 cents.
I called a short 1 day ago. (had the date right 9 days ago)
Feels good eh?

Dollar Index: Top in the horizon
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EverythingForex PRO IvanLabrie
a year ago
Ivan, I was ranting against that troll who had been arguing with me over EUR and AUD awhile back. I know I shouldn't take those trolls seriously but I just had to take my jab at him. I saw your post on the dollar index and thought it was spot on as well. Great analysis on it!
+1 Reply
IvanLabrie PRO EverythingForex
a year ago
Hahaha. Yes, people who are clueless tend to act like trolls.
We can have a toast now.
Do you think it topped for good? At least in the intermediate term?
I'm inclined to think so, but will confirm by December close, personally.
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EverythingForex PRO IvanLabrie
a year ago
yeah, IMO, I think it topped. Same for EUR. I think we have seen the bottom. I don't think the rate hike is 100% for certain to happen come the 16th. Especially now with the weak jobs report which gives the FOMC another reason to delay to next year. Even if they do raise rates, I think it will be less than expected and disappoint expectations which will add fuel to the building momentum and sentiment for the dollar to begin dropping in earnest.
+2 Reply
IvanLabrie PRO EverythingForex
a year ago
I just think rate hike comes and the dollar falls just the same.
We'll see.
Good luck and have a nice weekend.
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EverythingForex PRO IvanLabrie
a year ago
Agreed. You also have a good weekend!
+1 Reply
bekirdur PRO
a year ago
Thanks! Great vision. Now my question is do you think that Wave 1 of wave C is completed ? Are we on wave 2?
+1 Reply
EverythingForex PRO bekirdur
a year ago
Hard to say but if I had to choose, I'd say wave 1 is not over. But if you are thinking to trade a wave 2, I'd be cautious. May not be a deep retrace but a shallow one before taking off in wave 3.
+1 Reply
bekirdur PRO EverythingForex
a year ago
No, I don't trade corrections. I am waiting for wave three, because I missed wave 1... .(
Thanks !
+1 Reply
BuySellBuySell
a year ago
Good work Mister. Keep it up!
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EverythingForex PRO BuySellBuySell
a year ago
thanks.
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InfiniteTrader
a year ago
Are you a wizard?
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EverythingForex PRO InfiniteTrader
a year ago
LOL!
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hearthacker
a year ago
great analysis.... do u recommend to enter long now or need to wait?? thanks
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EverythingForex PRO hearthacker
a year ago
If looking to enter LONG, need to wait for a proper BUY setup. Unless you can withstand a potential large drawdown if it retraces farther.
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thulasi
a year ago
great call. But i think the first wave of C wave is not over yet >Looking at rsi it usually peaks at wave 3(wave 3 of wave one of the c wave ---due to volume) tells that another move up is likely(also the way the price coming down suggest (smaller abc correction which could be wave 4) price falling to 1.075--1.0760 then rise towards 1.106 or even 1.1140 then fall towards 1.06 then rise towards 1.18 the way its unfolding this could be making an ending diagonal
+1 Reply
hi ef. you know i like your idea's very much. but don't you think this is hyper candle and we move to middle of candle and then upward return in 1.11 and then 1.13? have a good day.
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PooyaSalehipour PooyaSalehipour
a year ago
EUR UPDATE 5 Dec. 2015

This is my idea
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EverythingForex PRO PooyaSalehipour
a year ago
Ok. Looks good to me.
+1 Reply
PooyaSalehipour EverythingForex
a year ago
Thank you EF!
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EverythingForex PRO PooyaSalehipour
a year ago
I don't trade on candles so I wouldn't know.
+1 Reply
Yabi
a year ago
Did you trade it?
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EverythingForex PRO Yabi
a year ago
I missed out because I got stopped out before the big move. I was in it LONG from 1.06 but was victimized by stop hunting. But I hit this EUR move on other pairs. But still the call was a correct one.
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thulasi
a year ago
Looking at candle stick on a daily chart wave 1 of the c wave is done as it formed a hanging man (possibly a rail road track ) also if this is a 2 nd wave of the c wave correction then Abc (wave a 1.0981 to 1.0855 then b wave 1.0855 to 1.095 now c wave is unfolding in 5 waves and wave one from 1.095 to 1.0834,, after the wave 2 of completion possibly around 1.09 to 1.092 area this pair could drop about 165--200 pip on the 3 rd wave towards 1.075---that is also 50% fib of the previous move 1.0515---1.0981 then possibly move up towards 1.082 on a 4th wave then drop towards 1.062 or even to 1.06 thats where they broke the down trend to move up.this would likely to form an inverted hammer candle on a weekly chart then eurusd could rally up abt 800-1000 pip on the larger 3 rd wave of the c wave)
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EverythingForex PRO thulasi
a year ago
Chart illustration would be nice.
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bena2
a year ago
With all due respect calling out area's and getting excited about how you got it right means nothing unless you have traded them with a profit.
Show me proof that you got paid on that trade then you have every right to brag.
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IvanLabrie PRO bena2
a year ago
If you announce it here on time it's proof enough.
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IvanLabrie PRO IvanLabrie
a year ago
Like, with buy now or something, or with a chart with entry, exit and stop.

BTCCNY: Failed downtrend and now buy signal
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IvanLabrie PRO IvanLabrie
a year ago
I believe everything forex has many of said charts.
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EverythingForex PRO bena2
a year ago
Pleeeeeze.....go troll someone else, dude. I don't need to show you nothing. People like you I got nothing to prove to. My members made plenty off my call. What did you do?
+2 Reply
bena2 bena2
a year ago
I'm no troll just stating some facts. NO ONE in the world could of predicted that move happening so quickly as it was Draghi ecb press conference made that happen.
You just made me laugh as you got very excited about how you 'got it right'. Ill give you credit for that, but as I said, its not very hard to get direction right and predict where it 'might' go, But a whole completely different thing trading it and making a profit. I did not trade it as I didn't plan for that to happen, anyone who did got lucky!
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EverythingForex PRO bena2
a year ago
dude, you are not a trader. you are a gambler to think that way. I had no idea what the ECB would do 2 weeks before. Luck = hard work + preparation. Not tossing a coin. I spelled out in painful detail why it was going up. what did you do? toss a coin? you think I just blow hot air then you should go back in my history of posts here and see if I blow hot air. When I post a trade, it's my actual trade. And again, I don't have anything to prove to negative nelly's. It's trolls that make guys like me who post FOR FREE on here trading advice NOT want to waste our precious time posting. It takes a lot of work to create and post the way I do here and just negative comments like yours just turns me off. What? You want to see NO ONE posting anything? Where's your posts? Where do you get off asking anyone for proof of anything when you got no posts and no one following you? If you aren't being helpful, then what is the reason you even comment? What gives you the right to question anybody? Sheesh! Some people got all the nerves! And I won't hod back and say that your comment just pisses me off! I put so much work into posting here and helping others just to have someone who hasn't done CRAP to help anyone go and question someone who had gone out of his way to do so! And I'm not just referring to myself as there are other ones who do as I do and trolls have the nerve to question them as well! Post your own stuff. If you don't like my posts...it's simple. DON'T READ THEM!
+2 Reply
bena2 EverythingForex
a year ago
haha calm down mate, get off your high horse, not everyone who has a different opinion to you is a troll. I'm just stating facts to any new people that are trying to educate themselves that getting the direction right wont make you profitable. Don't get too depressed about my comments, keep posting here, you do have a service to sell.
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EverythingForex PRO bena2
a year ago
first, you didn't have any opinion that would be helpful to anyone as to what this pair will or won't do. Only a negative comment as trolls do. Second, why would anyone listen to anything you've got to say as advice to any new people when you have ZERO reputation? Instead of asking me for proof, I think it should be the other way around. What reason is there for anyone to give 2 shakes about your advice? Depressed? No. you don't depress me. Just piss me off. Know the difference? Trolls have nothing of value to add but always seem to have negative comments a plenty! Just don't get them. No posts. No reputation. No followers but always act as if they know what they are spouting off about. Get off my high horse? Look who's talking.
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EverythingForex PRO bena2
a year ago
I asked for CONSTRUCTIVE COMMENTS. Not USELESS COMMENTS as yours are. Seems to me you are just jealous because you can't make any calls! And if you can, SHOW IT! I do! And judging from your childish comments, I can safely say I've been trading longer than you have for sure. Probably MUCH LONGER. Again..let me sum things up for you since you just don't get it...ZERO posts. ZERO reputation. ZERO followers. 'Nuff said!
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SkyrEk bena2
a year ago
hey bena2, you might probably want to prove your self worth first before you start yakking away on EF's thread over here. No one is going to take you seriously for a start. If i'm EF, i wouldn't even bother replying you, he is nice enough to take time off to even reply you. Do everyone a favor by exiting this thread and just disappear. If you are a trader, then probably you should show your track record and charts.
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bena2 SkyrEk
a year ago
Im not getting into a back and forth, its childish. I gave my comments and they were shot down by the master. Ill ask you both one question..if you answer in a sensible manner Ill give some trade signals to prove that I'm not talking bollocks. Does a great analyst make a great trader???
I trade currency futures so you have to adjust by 10 pips or so. And I don't use stupid stops like 50-100 pips, they are pathetic. 20 pips max stops.
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EverythingForex PRO bena2
a year ago
Don't make me laugh.
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EverythingForex PRO bena2
a year ago
I thought you said you were not engaging in anymore childish back and forth? Start your own thread. Post your trades. Prove yourself to this community. Gain some rep and then you can say whatever you want. This is MY THREAD and not yours. And trolls are not welcome here.
+2 Reply
bena2 EverythingForex
a year ago
You asked for comments so i gave you mine, if you cant handle them then don't reply. I'm entitled to my opinion. There are so many trade signal services out there, probably 99.9% of them are shit. For me, anyone who gets excited and shouts form the rooftops about how they got the direction right is trying to sell a service.
I only asked you if you traded what you had called, but you shot me down as a troll. That speaks volumes.
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EverythingForex PRO bena2
a year ago
Done with you. Just go away. Useless trolls like you who only exist to put others down while contributing ZERO to society are a dime a dozen. Still ZERO posts. THAT speaks volumes!
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bena2 EverythingForex
a year ago
yeah sure... Im a troll just because I questioned your Trades..I mean calls!
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Genghis bena2
a year ago
"makes sense"... Bena2 surely you are better than that. Put your money where your mouth is. Get a pot going and sort a proper trade call throw down.
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Here's the story behind the move:http://www.zerohedge.com/news/2015-12-05/inside-story-why-ecb-decided-markets-needed-be-disappointed-and-how-it-all-fell-apar
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stream
a year ago
I know nothing about your patterns and why you do that but the direction is down
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EverythingForex PRO stream
a year ago
you are entitled to your opinion. but someone said the same thing when I posted about this up move 14 days ago. He is nowhere to be found now.
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JesusFernandez
a year ago
nice call.
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tjnrs
a year ago
Wow Amazing! I missed this. Am totally new so have no idea how this works. But amazed to see you predicted the rise when none saw it.
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tjnrs tjnrs
a year ago
Am stuck with 2 buys at 1.10 and one sell at 1.06. I have 2 more sells at 1.07. Wish I had closed all 3 sells on Friday. Wish I had read this report before. Now, anything which helps closing will greatly help. Any chance of dramatic rise or steep fall any day this week? When EUR possibly go down 1.06? When possibly go above 1.1? Many thanks.
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EverythingForex PRO tjnrs
a year ago
Sorry to hear that. I can't tell you for sure what is going to happen. I can only give a best prediction. There is more upside to go on this pair. Will it go up from here or will it continue to retrace more before heading up again? That is what everyone wants to know. I don't have the answer to that either. For me, if I was caught in the losing positions as you are right now, I would just admit to being wrong and close everything, take the losses and start over again with fresh analysis. One thing you should never do as a trader is to hold on to positions HOPING prices come back to bail you out. Before you enter any trade, you always should have a trading plan of when you are getting out. Whether if its' your stops or take profit levels, you have to have those prior to taking a trade. And NEVER move your stops unless it is to protect profits.
+2 Reply
tjnrs EverythingForex
a year ago
Thankyou. Unfortunately I have no money to start again. I put in my lifetime savings. Now am stuck. When the first 2 buy deals were going badly negative, I wanted to close them but my account manager would not allow me to do so. Instead when my equity fell drastically, he asked me to put sell deals to balance the negative buy deals. I know nothing about forex, hence assumed he knows best. I do not think forex is for everyone. I was close to having an heart attack 3 weeks back. I have pre-existing health issues. Now I just want my money back. I have two lovely young children to care for. I want to stay alive for them.
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EverythingForex PRO tjnrs
a year ago
Again, sorry to hear that. Forex is definitely not for everyone. Especially not for those that are depending on what money they have to support themselves and their family. It is too easy to lose money in this game. I don't know what kind of "account manager" you have but it seems to me he is only out to make money from you and not for you. I've never heard of any account manager who would not allow me to close your positions! Trading is hard enough to do when you have a clear mind much less a confused one. But when you add in the fact that you are counting on the money to feed your family, you really cannot trade well because your mind is overwhelmed with emotions. In your case, best to close your account, get what money back that is left and just wait until such time as you can afford to trade without fear of losing the money. Good luck.
+2 Reply
Josphat89 EverythingForex
a year ago
Thats true
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CesarUrbini
a year ago
Luck
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thulasi
a year ago
eurusd just broke its 4 hr down trend now uptrend resume likely to retest 1.0981 then possibly towards 1.11
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