DayFarrell
Long

EURUSD LONG EXPECTED

FX:EURUSD   Euro / U.S. Dollar
AS FOR MOST OF MY DAILY CHARTS ON THIS PAIR, I'M TESTING PERMUTATIONS AND COMBINATIONS OF A METHOD, AND THIS IS NO DIFFERENT. THE ONLY THING IS OF ANY VALUE IS, I HAVE A BULLISH EXPECTATION FOR THIS PAIR FOR THE NEXT DAY
THIS CHART IS PRETTY SIMPLE, ANY MOVE FAR BELOW THE 50% CANCEL THIS SET UP FOR ME,
THIS CHART IS BASED ON THE HEAD AND SHOULDER PATTERN, MIXED WITH THE CONCEPT OF AB=CD , BUT A LITTLE ALTERATION. IT'S SIMPLY IDENTIFYING THE UNIFORM IN THE LAST 5 CANDLES AND PROJECT AN EXPECTATION OF THE 6TH. THE LONG MOVE TO THE SECOND TARGET IS THIS PROJECTION. THE FIRST TARGET IS BASED ON AN ALTERNATIVE TO THE CANDLE GENERATOR I'VE BEEN TESTING AS I'M STILL TRYING TO FIND A MODEL THAT WILL WORK FOR EVERY DAY. SO FAR, WHAT I HAVE CAN ONLY PROVIDE DEDICATED RESULTS FOR SOME DAY, OTHER DAYS I DON'T GET ANY CANDLES SINCE ITS A PATTERN THAT I LOOK FOR IN THE CHART, SO THIS IS MY EFFORT TO BRIDGE THE GAP. .THESE IDEA DO NOT TAKE FUNDAMENTALS INTO ACCOUNT EVEN THOUGH I BELIEVE IT HAS ITS PLACE IN TRADING, SO A NEWS EVENT CAN CHANGE MY EXPECTATION.
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