i_am_siew

EURUSD : Get ready for next week

Long
i_am_siew Updated   
FX:EURUSD   Euro / U.S. Dollar
The chart above explains.

For those who follow Volume Profile, you should know what it means.

Good luck.

P/S : Do not just believe what I say. Use your common sense.
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Comment:
Looks like buyers are back - 1.0576 broken.
But we will wait until 1.0621 to be broken as well
Only then, we begin to look for Buys :)
Comment:
As you can see, price is now negotiating the first 'D' on its way up. Passing this test is crucial for further gain. But if it closes above the 'D', things look good :)
Be patient.
Comment:
Looks like price pass the 'D' and 2nd test.
Looking good.
If you are selling, you should start to worry.
Comment:
As you can see, Seller is defending 1.0621. If they lose this, they are 'toast'.
We will plot our BUY once 1.0621 broken. Be patient. Wait for retracement as usual :)
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1.0621 had just been breached.

What we had anticipated had happened. Trading is about anticipating events based on your analysis. Once that event occurred, it proves that your judgement is correct. We can now plan our BUY. But wait for retracement!!!

Noobs on the other hand make 'speculation' and 'prediction'. They just hope that things would go their way.
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Comment:
US10Y just went pass 4.00%
The entire bond yield is moving up
Whatever you do, be careful.
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