This chart shows analysis as well as trade setups for EURUSD. Do not take the trade setups if you do not trade daily charts or can not handle their stops.
Good luck
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Show your support by pressing the like button Thank you
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Maybe tomorrow we get a touch of the ML and start dropping. Maybe not So let's be vigilant
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Let's do a survey for EURUSD: Who thinks today's candle is going to close green and who thinks it will close red? Please put your votes on this chart Thanks
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Anyone wants t change their minds??
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The results are in.. Green won I was expecting red...
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MarshaIII
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is scenario 1 unfolding?
Ichimoku_Trader
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still too early to judge
chartmojo
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I like the optional scenarios. Nice work! With one caveat..but Position (for what could happen) not so much predict..use the probabilities...the really awesomely big play will be short vix instruments if you want beta..after things bottom out or even near bottom..or even now if you are long term..like uvxy short after any big move..just had a great one. This whole thing is a huge opportunity that does not come along very often.Nice Chart! I tend to favor scenario 1.
chartmojo
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uvxy short, after any big move down...is what I meant to type.
Ichimoku_Trader
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Thank you
Let's hope it works out well
Ichimoku_Trader
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Only with your help ;)
stream
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why short ,,the support is ok ..
Ichimoku_Trader
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1. Whenever the market is bearish I will only trade short
2. I considered trading the CS setup but the momentum is so strong it will be difficult to go long now with any hope of making pips
3. Although we can expect the down move to take a while if we go into scenario 2, I only expect this to happen if there is some kind of intervention. If that happens, the correction will turn into a time instead of a price correction. So again, very little success in trading upwards.
4. Fundamentally, although I am not an expert, BREXIT doesn't look too good to go long