Ichimoku_Trader
Long

Warning .. May is dangerous

FX:EURUSD   Euro Fx/U.S. Dollar
836 25 41
Although I think that we will go up to the possible target area (before or after a pullback), I am concerned that the current market structure has left us in a very dangerous environment where things could change in a second.

Accordingly, I'm not marrying any positions during May especially at the beginning and at the end of the month

Good luck

Comment: Be careful

Although AUD, GBP and EUR look like they are moving together, they're actually not.
So don't be fooled
Comment:
Be careful...
Comment: This chart is just amazing
Look at the expectation vs the reality ....
I am personally amazed at the power of Ichi PanOptic Method

Let me know what you think

Related Ideas

Thanks for the heads up.. Happy weekend
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Ichimoku_Trader thewealthlifters
Most welcome
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Boss, Super Mario will speak on Monday
He will probably offset the Rally??
or you want again 1.1700??
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we'll be careful and we'll have to see what happens

Thanks
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Lol ur are funny my fren.. If u say this pair very dangerous... How about others pair which collarated with usd? just buy thir pair till 116/1.2... Mark my word
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Ichimoku_Trader Sakakikunmakio
As I said before my fren,

I'll just stick you to my charts and no need for any analysis
Can I put you on MT4?

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LOL.. Ok :)
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Ichimoku_Trader Sakakikunmakio
;)
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btw why may is dangerous
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Ichimoku_Trader ShauntheSheep
Because we did not break the high on Friday
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I am trading this pair and i can say, i am losing dough due to the ups and downs. The critical Level as you mentioned has not been crossed.
I am still short , waiting for a strong pull back until 1.135.
Great Job .
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Ichimoku_Trader jofansiwork
Thank you

Be careful though. The problem with not breaking that critical level during April is that it is now acceptable for the market to go either way and reverse the other way or not to go anywhere.

So a break of that critical level in May is not as significant as breaking it in April and could actually happen before the market reverses down or the other way around.
So just be careful and try to get your money back through short term positions rather than marrying your current position.

I wish you all the best
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PaQu Ichimoku_Trader
Very good post. Thanks. One question: But what is difference between breaking critical level in April vs.May? Why there is a difference
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Thanks,

breaking the level in April prints a retracement. Now that we have not printed the retracement, we can still have it

It's complex but I hope you can understand it

Good luck
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Thanks
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welcome

I hope u got it
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bunah2 Ichimoku_Trader
I am looking for long at 60 min time frame @ 1.1340 - 1.1360 area.
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please read my H1 chart for details and levels on how u can enter

Good luck
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EURUSD trading plan + LEARN ABOUT BUYING ZONES
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bunah2 Ichimoku_Trader
Thanks
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May 2 plan on H1... Expecting a pullback / maybe a bull trap

EURUSD trading plan + LEARN ABOUT BUYING ZONES
+1 Reply
kinkohyo Ichimoku_Trader
How can i calculate Target zone? Is this R/R level from zone line or daily/weekly pivot else fibo extension?
Reply
don't calculate target zone. let the market kick you out of your positions.
Do, however optimize your investment at the weekly PP. Try to find confluence between them and fib projections to find the best optimization locations

Good luck
+2 Reply
Wonderful work thank you!
Reply
Ichimoku_Trader SalmanKhalek
Thank you
Reply
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