We will wait and see It fall like a water old day. I miss it because it fast. I wait price pattern and sell with the trend. Will hold it for new low.
Expecting a large gap at market open due to geopolitical meetings that occurred during the weekend. Cryptos dropped in favor of the dollar. Due to the climate of the news, have a dynamic bias. Be open to Long and Short opportunities as they present themselves. Technical analysis shows weekly morning star fomation and 4h bullish engulfing. Expecting pull backs at...
As we already know EU is making a head and shoulders pattern and its currently on its way up for the right shoulder. Nice and clear ascending channel is being made. Price can respect the trendline and bounce up or it can break and bounce of the support which is at the 61.8 fibonachi.
I see a potential short opportunity based on the D fib .382 of previous LH+LL
Hi. I lost trade a lot for a couple weeks, So i decided to rest and no trade. Now i just came back to traded (in the original system) EU only & not interest others. I loss for other pairs, and after it sideways, I hit SL for every pairs! That make me sick and lost mind to do something crazy ( Yes that affects my ports) I will never interest others pair...
Been a busy last several days of moving into a new residence, but I'm back and ready to publish more ideas than ever. Thank you for sticking with me! The FXE, an ETF that tracks the value of the Euro, has been devastated in recent weeks due to political turmoil especially in Italy, but also in Spain. The Euro has the look and feel of a falling knife, but a...
Except germany nearly all countries are in debt crisis. Forex scheme players made eeuro rally but this rally is like a dead cat. This is fake. Dont fool people man. Forex is a illusion game. For me i see no tech in eeuro zone no army no interest rate. Only BUUBBBBLEEEE.. Only More DEBT.. Like greece all of them nearly bankrupt.
Entry - 1.1755 Target - 1.16555 (120 pips) Stop Loss - 1.18505 (75 pips) This is a trend continuation idea for EURUSD. While some USD Pairs (AUD, CHF, JPY) appear to be at an inflexion point for a potential correction, in my opinion the Euro should continue this bearish cycle. I define a downtrend on a four-hour chart when the price is under the Ichimoku cloud,...
Hey traders, EU about to start a short bullish movement. Then I am seeing a bearish control until Weekly trend line. This week is critical for this par. 1st target(blue): 1.18470 2st target(red): 1 .19880 Then... Expected the minimum 250 pips down..
After I cut off order yesterday, I see that It pullback near the price I sell, I think it will shake off ( or sideway) for a little bit) So I buy for the 1 HH candle 2 Divergence (OS in 3 timeframe)
I sell EU and TP, Anyway, I see breakout, so I sell more again But it pull back ( yes I think it is my problem) Do NOT do that again ok? ( I include 2 order that win, because it is still in my plan)
EU fall like 'waterfall' Divergence cannot do anything, so just price action and target only (Although I TP already) You can daytrade in 1H for the TP. or trailing stop with HH, LL Candle. Beware that, the TP is around Wave 4 , Yes it is around this zone!
in my previous analysis i thought price reversed and its going up, however price was just pulling back. as you can see it broke the trend channel and theres a engulfing bear candle stick.
Very good high probability setup for change in direction. Strong level of support. RSI oversold with divergence and last leg sign of a retracement. Bears couldn't break lower that lever last week. If Italian election ends well and Merkel do her job for Germany things might go pretty well.Relatively cheaper equities in EU makes me think 2018 EU may overperform US...
Here are my opinion on current situation, this bearish trend, that we observe now is manipulated be bears! For sure we gonna see one more atack (BEAR), before major trend down (BEAR). The reason is liquidity which stays untouched at the moment =)
I buy EU with the HH candle I going to do other things. (up from i trade at timeframe 4H) But next hour it fall down. And i increase lot first trade) A little shock, lucky that i do not watch monitor. (help me not emotion too much) This week is loss.