Sforex
Short

EURUSD: The rally was over, Bear controls E/U.

FX:EURUSD   Euro Fx/U.S. Dollar
985 13 5
Neadless to say,ECB set the case for EURUSD             trade.

They said they will increase stimulus likely in March.

Hence, the mood of EURUSD             trade is SELL.

I believe EURUSD             quickly backs to 1.0500 in the medium term.

That why I sell EURUSD             to 1.0500 last week.

Look at on the chart, the most important thing I want to share:

EURUSD             has had two months trading in a thick Kumo cloud. Today, E/U officially escape from Kumo cloud and extend the drop below Kumo.

It's mean E/U would fall more.
aymankkhlifat
10 months ago
I see EURUSD to hit above 1.11 next week on many hidden reasons that you didnt notice.
Reply
Sforex PRO aymankkhlifat
10 months ago
When you say a reason, you need to give the clue. What I should notice , please give it.

This is the basic notion of debate.

You can't say without evidence.

Criticizing others is easy than proving that they're wrong.
Reply
OLIGARCH Sforex
10 months ago
Bro, yea it is going down, but later. :) So no worries :)
Reply
OLIGARCH OLIGARCH
10 months ago
You are right! :)
Reply
Sforex PRO OLIGARCH
10 months ago
The problem is not rise or fall in the short term. The problem in financial market is where is your target and where is your defense.

I target to 1.05, and defense at 1.100 : this is LONG TERM TRADE.

When EURUSD hit my stop loss : I'm wrong.

When it hits my target. I'm right.

That's it.

This is the basic of trading.
+2 Reply
Sforex PRO aymankkhlifat
10 months ago
You said EURUSD will test 1.1100 this week, do you see EURUSD price action shapes a strong resistance at 1.100, and SMA100 + SMA200 is weighting E/U.

You need to answer me : Which momentum , catalyst, or fuel drive E/U to 1.100 ?.

Reply
OLIGARCH
10 months ago
Bro, you have to learn forex... This is so incorrect.
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marzubus OLIGARCH
10 months ago
I'm trying to learn fx, any good resources on correctly interpreting graphs?
Reply
OLIGARCH marzubus
10 months ago
There are a lot of them. You are sitting in front of Computer with Search Engine. Use it. Find what best fits to you, and stick with it!
Cheers.!
+1 Reply
marzubus OLIGARCH
10 months ago
Thanks @CartelVersus, I am doing that, I just hoped for some in-the-industry recommendations since google recommends stuff based on who pays more. :/ even a good book recommendation would be helpful.
Reply
Sforex PRO OLIGARCH
10 months ago
What is incorrect ?. Prove it. why ? give me reason and evidence.

You can't say without evidence.

I can teach you Forex. Don't underestimate others without a good reason.
+1 Reply
Fxprotrader PRO
10 months ago
Very nice analysis.. I have the same view but by counting waves. But is the result that matters, right? Well done sir..!
EURUSD Possible Wave Count
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X5
10 months ago
I’m not familiar in Ichimoku indicator, but your analysis makes sense… I’m short in EUR/USD, but looking soon for Long position around 1.0700 and 1.0650

Interesting analysis!
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