Manu76

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About me
Joined
Markets Allocation
99 % forex 1 % other
Top Mentioned Symbols
FX:EURUSD 46% | 74 FX_IDC:EURUSD 8% | 14 USDJPY 8% | 13 FOREXCOM:EURUSD 8% | 13
Manu76 Manu76 EURUSD, 240,
EURUSD: visualisation
134 0 4
EURUSD, 240
visualisation

At this point this is what I think

Manu76 Manu76 EURUSD, 60, Long ,
EURUSD: reversal
68 0 6
EURUSD, 60 Long
reversal

My target on the chart

Manu76 Manu76 EURUSD, W,
EURUSD: 3 possible moves
94 0 5
EURUSD, W
3 possible moves

My thoughts are on the chart

Manu76 Manu76 EURUSD, 60, Short ,
EURUSD: opening short here
113 0 5
EURUSD, 60 Short
opening short here

on the chart

Manu76 Manu76 EURUSD, 60,
EURUSD: updating previous posts
73 0 3
EURUSD, 60
updating previous posts

This is again a conflictual price move. If you look at the previous structure you'll see it. The pair from here can shoot down before the next rise. But, it can just continue it's move up. (probably not a shooter but still going higher). Compared to my previous post, there's not much difference except that the possibility for a shooter down is greater now, but ...

Manu76 Manu76 EURUSD, D,
EURUSD: first target hit
18 0 3
EURUSD, D
first target hit

on the chart

Manu76 Manu76 EURUSD, 60,
EURUSD: first target is hit
31 1 4
EURUSD, 60
first target is hit

on the chart

Manu76 Manu76 EURUSD, 240,
EURUSD: so first target is hit
26 0 3
EURUSD, 240
so first target is hit

Now that we are in the green box, the market can drop for a correction, but after such a large bar price can also swing higher. If this happens it will be in wave's. The target is the red box.

Manu76 Manu76 EURUSD, 60,
EURUSD: more details
31 0 5
EURUSD, 60
more details

on the chart

Manu76 Manu76 EURUSD, 60,
EURUSD: strong eurusd
44 0 4
EURUSD, 60
strong eurusd

Although everything seems to become bearish, I do not think this is the last bullish move. The pair is heading to break the yearly highs. This is clear after what we saw today. If this happen we'll see 1,1600 before 1,6500. Then there will be room for a correction down but before the next rise. If this trend line break happens, EURUSD will target 1,20 levels ...

Manu76 Manu76 EURUSD, 30,
EURUSD: possible long trade for this week
26 0 9
EURUSD, 30
possible long trade for this week

Looking to what happened last friday, I see a potential wedge formation. One of my trades failed, looking to what happened I saw a potential move up. Further more: Fed Chair Janet Yellen her speech was weak. The results are not too good for the dollar. On the euro side, keeping in mind that Draghi did not change his mind yet, the EU zone will continue it's march ...

Manu76 Manu76 EURUSD, 30,
EURUSD: long and then short
33 0 3
EURUSD, 30
long and then short

A couple of trades on the chart Here are some of my trades, trade your own plan. This is not trade advice.

Manu76 Manu76 EURUSD, 60,
EURUSD: 2 rising wedge formations
26 0 6
EURUSD, 60
2 rising wedge formations

I think things are clear on the chart At some point this will break either wedges. But at this point there's still place to move to the upside. (with ups and downs)

Manu76 Manu76 EURUSD, 60,
EURUSD: my thoughts
46 0 5
EURUSD, 60
my thoughts

Actual expectations on the chart

Manu76 Manu76 EURUSD, 60,
EURUSD: My thoughts
39 0 10
EURUSD, 60
My thoughts

The pair looks still bullish but looks not ready to reach the target of the purple arrow on the chart. I mean far above the red trend line. Breaking this level will open a straight way to 1,20 levels and higher. I think that here the market can stagnate in order to decide in which direction it will go. But sooner or later it must go higher, above the trend line. ...

Manu76 Manu76 EURUSD, 60, Long ,
EURUSD: re-entered long again
47 0 6
EURUSD, 60 Long
re-entered long again

Most indicators show weird things isn't it? Now, I just re-entered long again. I trade my plan, trade yours. GL !

Manu76 Manu76 EURUSD, 240,
EURUSD: Bearish?
35 0 6
EURUSD, 240
Bearish?

I think this

Manu76 Manu76 EURUSD, 60,
EURUSD: If up then short
82 0 8
EURUSD, 60
If up then short

Again..., a new IF case. IF the price goes up, then I go short. Otherwise I'll cancel again.

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