ChrisMoody

Huge Move Coming In EURUSD!!!!!

FX:EURUSD   Euro Fx/U.S. Dollar
1364 45 18
The Text Boxes Says Everything. Be Patient...Don't Anticipate...When Price Confirms a Direction...Capitalize!!!!
blair_trader
2 years ago
I hope that continuous updates can be made once it breaks in either direction.
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fcha PRO
2 years ago
It breaks trend line 2 now.
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ChrisMoody PRO fcha
2 years ago
While it is Friday within a few hours of the close....so it appears it will...the close is what matters so there is no decision until next weeks open. I'll update Sunday night
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fcha PRO ChrisMoody
2 years ago
Thanks!
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adil149
2 years ago
Price hasnt break trend line 2 yet... i hope it shud not
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fcha PRO adil149
2 years ago
you right.
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adil149 fcha
2 years ago
so... it's an uptrend now ?!
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fcha PRO adil149
2 years ago
Waiting for Chris to update the chart.
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Gino
2 years ago
There is a trend line that nobody is paying attention to, and it's still intact, 1.3900 not broken after the close Friday.
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99nines
2 years ago
Guys there is no if in this, euro is going to 1.42, at which point I believe it will crash to 1.10 area... expecting 1.395 this week followed by a 50% retrace before the final move to 1.42 in April and reversal.
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Gino 99nines
2 years ago
Yes, I expect a crash too. Plus strong EUR at this time of economic recovery will hurt them not benefit them.
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ChrisMoody PRO Gino
2 years ago
Latest Update...this chart goes back a little farther. When you take the major Fib Retr levels of .5 and .6182 of the major highs and lows the next major level is around 1.3956....I would expect price to hit the 1.4000 round number and watch the price action from there....

snapshot
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fcha PRO
2 years ago
Thank you for update!
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fcha PRO
2 years ago
Did you see that? This is wonderful!
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Gino fcha
2 years ago
Can somebody post the new updated chart of Chris, are you in FCHA? I am waiting for a bounce back to enter short, maybe around 1.30.
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fcha PRO Gino
2 years ago
you can do it, just click the "load new bars".
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fcha PRO fcha
2 years ago
you can ask Chris to update for new direction, I can load new bars only cause I need to sell put.
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Gino fcha
2 years ago
OK, thanks. Which online brokers have forex option available to retail traders?
-1 Reply
fcha PRO Gino
2 years ago
I believe Chris has the best info for you, I read it somewhere on Chris site there are 3 with an explanation as well.
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Gino fcha
2 years ago
Ok, thank you.
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fcha PRO
2 years ago
I load new bars in your chart.
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fcha PRO
2 years ago
Chris, could you update the chart?
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ChrisMoody PRO fcha
2 years ago
Hope This Makes Sense....Obvious Price Action....

snapshot
+1 Reply
Gino ChrisMoody
2 years ago
Thanks you Chris, great job.
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fcha PRO
2 years ago
Thank you!
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Gino fcha
2 years ago
Are we due to an up swing, any ideas guys? Thanks
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fcha PRO Gino
2 years ago
I m waiting for Chris to update the chart and wait for a sign to go long. Chris is very good, I trust him.
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Gino fcha
2 years ago
OK,,,,,,,,,, Chris, we are waiting.
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ChrisMoody PRO fcha
2 years ago
fcha...your anticipating what you think will happen. Your too good for that. The chart above lists the major support levels...but who's to say it won't keep falling to the red box area. Just trade what it's currently doing. If you get a bounce and the trade meets your criteria take the trade with a stop below the recent lows.

I've made a lot to the downside...I've taken some profits...so I'll be looking to short bounces...if I get stopped out I made a nice profit...but it's currently falling and that's the only smart play.
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ChrisMoody PRO ChrisMoody
2 years ago
FCHA...You tell me...what would be a High Probability sign the Euro is going to make a substantial move to the upside...Vs. a a move that would be a good short to the downside.
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Gino ChrisMoody
2 years ago
I would say if weekly close above 1st support level is a sign of a good move up.
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ChrisMoody PRO Gino
2 years ago
Answer: If you see a SHARP Move up is Institutional Traders Crushing Retail Traders who are short and forcing a Stop Run. Look for place to short.

IF you see a measured move up...Then a retracement Lower making a Higher low...Then you have a good place to buy.

It's all about Price Action. Always ask WHAT Would HURT the RETAIL Trader...There are a lot of retail Traders Short Right Now...Unaware of support ares close by...perfect opportunity for Institutions to Drive Price up and establish a better place to add to their short position.

ALSO if Institutions Think the selling has run it's course...it will be a measured move up...Then they will drive price back down stopping out all the retail traders going long...again allowing them to add to their Long position at a better price.

Billion Dollar Funds Can't go ALL IN right away...they have to establish their position over time. So if they go long...they will short in another account to drive price down to allow a better place to add to their longs. Despite what people think Institutions can see what other institutions are doing.
+2 Reply
Gino ChrisMoody
2 years ago
Awesome, thank you Chris. I need to read this everyday.
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fcha PRO ChrisMoody
2 years ago
Move up, I m waiting for the signal now.
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fcha PRO fcha
2 years ago
Sorry, I just see your updated chart. I don't think will go up soon. Chris, I want to see that video and how to set up the screen share.
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fcha PRO ChrisMoody
2 years ago
It seems like keep falling on weekly chart.
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Gino fcha
2 years ago
I expect the a narrow range till Fri.
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fcha PRO Gino
2 years ago
Let me know Friday.
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fcha PRO Gino
2 years ago
Thank you to Chris! I learn a lot from him and I print all his note.
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ChrisMoody PRO fcha
2 years ago
Take a look at this post: I Show examples of both patterns discussed above.
Educational Piece: How To Find Tops And Bottoms w/ NO Indicators

Educational Piece: How To Find Tops And Bottoms w/ NO Indicators
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ChrisMoody PRO ChrisMoody
2 years ago
Well That Chart didn't come through correctly!!!
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ChrisMoody PRO ChrisMoody
2 years ago
Let's Try Again:
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fcha PRO ChrisMoody
2 years ago
Chris, I want to print the chart but I couldn't.
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Gino fcha
2 years ago
So what do you make of the move from last night to today when the pair touched .2675 and reversed, according to Chris educational chart?
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TASAVANT
2 years ago
Great call Chris, what I mostly see with pennants is that the 1st break out or break down is mostly false like we see in this chart . Again great call...
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