tntsunrise
Short

EURUSD 1.0612 is the key.

FX:EURUSD   Euro Fx/U.S. Dollar
12828 42 198
12 days ago
EURUSD             1.0612 is the key.

We can see the price action when price hit into this zone.

What is that?

Rejection!

Conlusion: we can short EURUSD             as long as it didnt break
above this structure.

Fisrt Target is 1.0400
2ND Target is 1.00
12 days ago
Comment:
snapshot
11 days ago
Comment:
snapshot

win 60 pips
9 days ago
Comment:
snapshot
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Calamity
12 days ago
Thanks Jack, I already shorted this one. Would you set your stoploss to breakeven if you have 30 pips already?
Reply
Main trend is down i agree with you but i think 1.0612 is not a good level for being short. 1.0750 / 1.08 is more suitable for getting a short position.
snapshot
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AhmedElGazzar FXLoungeIN
11 days ago
@FXLoungeIN, agree
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FXLoungeIN PRO FXLoungeIN
10 days ago
@FXLoungeIN, The key area is breakout. I think EU is long above 1.0645 (300 EMA) till 1.0760 / 1.0845
snapshot
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Calamity
12 days ago
Jack, what do you think 1.0671, it looks going higher .....
+1 Reply
pmcllc PRO
12 days ago
Thanks Jack
Reply
monzeraljarkas
12 days ago
snapshot

Thank you Jack, still waiting for the break out.
Reply
jeanne_labelle
12 days ago
Hi Jack,
I hope you 're right.
I m short in EURUSD...
But i think that i have done a mistake.
Why ?...
Because consensus is for parity between EUR and USD
And when the consensus declares that prices goes to one direction, price often goes to the other way.
Trading is psychlogy !
So I am afraid that price of eurusd is flying now to 1.08 or 1.10
Hope that heavens of Chartism are with us
Bye
+1 Reply
MartinMoss jeanne_labelle
12 days ago
@jeanne_labelle, I think it will go up. Wieslaw from Consilium Invest https://consiliuminvest.com/ideas?idea=3684-eurusd-m15 in short interval (M15) says it will go up..
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tntsunrise TOP jeanne_labelle
11 days ago
@jeanne_labelle, it's ok. don't overthink too much. use stop loss to protect yourself
+1 Reply
Zink jeanne_labelle
11 days ago
@jeanne_labelle, there is a saying in wallstreet that "when all say sell is time to buy"
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abdulmosawer jeanne_labelle
a day ago
@jeanne_labelle,
yes i am with you brother i think that the price will move up to the 1.0850 to 1.0900
in the coming week
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ZainSaeed PRO
12 days ago
Thanks for the chart sir this is really amazing setup 1.0612 to 1.0670 is key zone resistance which might pull it back to its keens till 0.982 for your charts are really amazing thank you sir
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fluo1964
12 days ago
Shorted at 1.058, for past 3 trades according to your advise, so far it is 100% correct for target 1, amazing.
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tntsunrise TOP fluo1964
11 days ago
@fluo1964, :)
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watsonzou26
11 days ago
As always, many thanks for sharing and your trading tutorial,which is very educational.
Reply
matt23
11 days ago
Jack, did you TP and re enter short?
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Tucson2016
11 days ago
It was a good short for short time. I would recomend to close all shorts now. It is going up.
+1 Reply
allan18
11 days ago
Today EU will not go up. It will short until tomorrow...
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margaux
11 days ago
HI Jack, Happy New Year! Wishing you and everyone here every success in trading in 2017! Thank you for this trading call on the EURUSD
Can one still short EURUSD again if it hits around 1.0612? Or is this trade over? Best, Margaux
Reply
waynebrueggemann
11 days ago
I totally agree with you Jack. Thank you for sharing!
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Calamity
11 days ago
Jack 100 pips nice
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fluo1964
11 days ago
My 4th trade of +100 pip, thank you!
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luisd
11 days ago
good! good trade
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LeonardoModi
11 days ago
Hi!
Do you recommend to re-enter here? I think it can be a good idea...
+2 Reply
valentin2710
11 days ago
Thanks Jack, it was good vacation! Good trade! And now again the same idea?!
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smart_teast
10 days ago
Masta jack..

Eurusd still short?
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pmcllc PRO
10 days ago
this could be a good timing to short...
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val_trader
10 days ago
This has been hardly broken !
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hello jack are you still in this trade ? i'm looking for a sell right now can confirm ?
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Calamity
9 days ago
Jack, it seems supported by the 618 level from the bottom, then now rejected by a 618 level from previous structure again, should we short?
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kmk.msp
9 days ago
EURUSD near completion of WW
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kmk.msp kmk.msp
9 days ago
Price rejection after the completion of WW .
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happyluckydog
9 days ago
thanks a lot.
Reply
Telson
9 days ago
Totally agree with you, you can also check this out:

EURUSD Box Break-out Performmance, Long-Term Price Speculation
Reply
kiwising
9 days ago
I was in this sell and up 100 pips. Trade missed the suggested 1st TP, reversed, and stopped me out at a loss.
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KernelPanik23 PRO kiwising
6 days ago
@kiwising, Why didn't you setup a SL on BE or little more after you got 100 pips? Better you learn the basics of trading.
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im still hopeful for a bullish usd but trend seems to point to breakdown of the dxy.. i hope you are right jack
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smart_teast
5 days ago
Masta.. Still valid?
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Walentine
5 days ago
stop hit again..
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Based mostly on Market Profile and Price Action (daily charts) the strongest levels for short swings are 1.0710 and 1.0765. Heavy volumes were traded between those levels (accumulation) followed by strong rejection of higher prices resulting into renewed sell-off. I think that the sellers will be active there again.
Only thing to watch out for is ECB meeting on Thursday. Basically anything can happen there and I won't be trading during this event.
You can see my analysis here:
EUR/USD swing based on Market Profile and Price Action
Reply
val_trader
2 days ago
Hi jack, pleas might you give us an update ? This structure has been broken ?
Reply
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