EverythingForex

CLOSED TRADE: EURUSD: SELL@1.11900 Wave Count Says Sell +28 pips

FX:EURUSD   Euro Fx/U.S. Dollar
1373 26 18
I am now going to be closing this trade because of my recent analysis on this pair about a possible triangle pattern forming and also bullish PA at this point to form the D Leg of the triangle. Also, with the upcoming news events this week, more consolidation is forthcoming and any kind of trend developing is highly unlikely. This favors a triangle consolidation forthcoming. So no need to stay in for now. I'll sit with a +28 pip gain and see what develops for now. I may still get in LONG for the E leg of the triangle but I'll watch the PA to see if there is a good opportunity here. Otherwise, I'll look for the completion of the E leg to see about going SHORT.
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yea... i think til 124// maximum 126
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EverythingForex PRO yevgeny.shirshoff
a year ago
Sounds good to me! GL if you are LONG!
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yevgeny.shirshoff yevgeny.shirshoff
a year ago
but it turned out it is not so)))
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EverythingForex PRO yevgeny.shirshoff
a year ago
??? Not sure I understand you.....
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Kadhijah
a year ago
great analist, thanks sir.
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EverythingForex PRO Kadhijah
a year ago
you're welcome.
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i think euro about 116 and down till Yellen..)))
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EverythingForex PRO yevgeny.shirshoff
a year ago
I'm not sure what you are trying to say. First you say 1.24 - 1.26. And then you say 1.16? Which is it? Better yet, show a chart as to what you are thinking. It'll make it easier to understand.
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I was wrong Sori....
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this is just my speculation ...
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I'm only a year on the market .. therefore is just learning to predict
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EverythingForex PRO yevgeny.shirshoff
a year ago
It's OK. I'm not criticizing or challenging you. I just wanted to know why you are thinking about those prices? After all, I'm not always right and different points of view are always welcome.
+2 Reply
shaoquan92
a year ago
does this mean that it will head up to 1.126?
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EverythingForex PRO shaoquan92
a year ago
It doesn't mean anything. It is just a guess. It can do anything from here. Nobody can know for sure.
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shaoquan92 EverythingForex
a year ago
i see, alright, thanks man! :)
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EverythingForex PRO shaoquan92
a year ago
Don't take my comment the wrong way, bro. I just don't anyone to think just becoz my chart is showing that, doesn't mean it's going to happen. It MAY happen but at this point, there's not enough evidence to think that. There's just enough evidence for me to decide to close the trade is all. Nothing more than that.
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shaoquan92 EverythingForex
a year ago
no worries man, i dont take your comment the wrong way :) I understand your point of view, when all conditions meet we need to execute what we think is right.
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yevgeny.shirshoff shaoquan92
a year ago
He's right ... the highs and lows are not a panacea ... I also use and technical analysis .. and sometimes I look at the rsi and moving average ... but .. the Lord God gave man reason. so that he could use it ... do not always get the final ..)) ) but we are learning ) ) )
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yevgeny.shirshoff yevgeny.shirshoff
a year ago
I want to say that the gift of observation of every person
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116 support on Friday at the European market which is closed ... and 116 is repeated again and I thought that's where the price will go after the news ... especially when the euro has struck 120 and 118 .. but then hesitated and thought that he would go further below ..
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126 does not make it ... I think a strong resistance 121 .. still and correction )
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I thought that the euro will go to 124 .. if he had stopped at 118 ..
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is not .. assumption is based on my observation of the movement of prices ... it minima and maxima ...
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I 'm following the year the movement of prices ... I do not brag .. it's just a fact ..
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maybe .. but I like it fits me .. .. .. I'm very conservative , and most investor by nature . than a player or a trader ...
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Thanks! Elliott wave - cool thing .. still learn something )
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