Ichimoku_Trader

What fundamentals are they cooking up for us???

FX:EURUSD   Euro Fx/U.S. Dollar
1036 14 44
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This pair is sitting on the edge of everything.
1. SSB            
2. "CS vs SSB             (almost)
3. "PF sliding parallel

So one slip, and !!!
Comment: Price is just crawling between the sliding parallel and the LML. So nothing here yet
Well, I'm short EUR/USD, and waiting patiently for a breakdown. Wondering hot to play GBP/USD today, as it is exhibiting more weakness it seems, given the recent polling data, combined with DX strength and CL failure to rally beyond $50. I'm new to this community, and to FX, having a background in equities primarily (short term trading), but enjoying it so far, and appreciative of expert advice such as that which you share, Ichimoku_Trader. I saw your call for AUD/USD yesterday, and hesitated for whatever reason, only to watch the missed boat sail further up and out of the harbor. At this point, I'm trying to sponge up as much insight and experience as I can, while remaining on the winning side of each day and week. Cheers
+1 Reply
Ichimoku_Trader IchabodCrane
Great to have you with us

I'm sure we will all benefit from your previous experience and insight
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Predicting positive Euro
, what do you think?
Reply
I'm a trend follower
You need a trendliner to give you his opinion
Ask https://www.tradingview.com/u/FxSaint/
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I would like to add one thing: because EURUSD never made it to the median line of the PF, which is sure sign of weakness, it looks to me like it is going to break down the last parallel here, and not reverse upside...
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Ichimoku_Trader carl.vanhaes
Yep

I agree
But I always like to let the boss (Mr. Market) decide otherwise he gets upset
+1 Reply
carl.vanhaes Ichimoku_Trader
A wise behavior Sir
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Ichimoku_Trader carl.vanhaes
yep
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A very interesting development indeed. I looked at your other artcile on a similar CS setup just appearing, but one week ahead, for AUDUSD. And here it looks like EURUSD will have the same "problem" : if it doesn't reverse and continues down, the potential is limited for short as I seem to distinguish a support zone around 1.1040 - too close for a short trade? But perhaps here we will as you write, have a good long setup.
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Ichimoku_Trader carl.vanhaes
Actually, this chart is very very different than the AUD chart.
Here, whichever way we break, there will be a long distance to travel.
So,I'm not too concerned where it breaks as long as I'm on the boat. and you off course


Good luck
+1 Reply
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