Visionary17

Visionary17

Last week we saw our EU short cycle play out. We are currently in L3 and have a short ways to go before reaching 3xADR. We are expecting EU to reverse and rise soon but we aren't looking to actually enter until have we have a locked peak to confirm our bias. Be patient. #thepoerof3s #reactdontpredict

Visionary17

Today we saw EU sell-off into L3. The daily is trending short. I am expecting for the sell to continue but we are approaching a zone flip on the daily. Remember to use the DXY to confirm movement in EU. #thepowerof3s #reactdontpredict

Visionary17

I'm looking at Friday as a peak reset. The count on EU hasn't been easy lately. When in doubt, sometimes it's best to be patient until the direction is shown. I'm looking for EU to continue down for at least one more push down. It is possible price will push up and trap through the 50EMA before dropping. #thepowerof3s #reactdontpredict

Visionary17

Okay guys! My apologies for being MIA. Family first. My bias in long on EU. We saw some madness surrounding last weeks news but I am expecting EU to rise. We may see an opportunity for an entry during NY session. Maybe a trap through of the 50 EMA and rise from there but be cautious. There will be news. The daily is trending long and I'm also seeing a macro W on...

Visionary17

Sorry for not getting this up sooner. Yesterday we saw some whipsaw action during the news. This could also be considered a board clearing move by the market makers in an attempt to clear all buyer and selles to reset the books. This also created a reset and a macro W. The daily trending long. I am now expecting EU to continue to rise next week. Use the DXY to...

Visionary17

It pays to be patient. We finally saw EU make it's move to the downside yesterday. I'm expecting EU to continue to the downside for the remainder of the week. #thepowerof3s #reactdontpredict

Visionary17

Looks like we got a nice push down during London. My original bias is still in play. Trade safe. EU still has the potential to continue to range. #thepowerof3s #reactdontpredict

Visionary17

EU is in range condition. It would be nice to see a play short off the how of the week. Be ready to trade both ways. To be safe, wait for a breakout to determine direction. If you would like to see a breakdown of another pair, feel free to message me. Updates to come.

Visionary17

Today we saw price come back and test the peak. From what we saw on the DXY, my EU bias is still short. Be cautious holding buys for too long without a break and retest of last weeks high. I'm not seeing anything that would lead me to believe we'll see a re-set but that doesn't mean it's not possible. The daily is showing what could possibly be the beginning of an...

Visionary17

Last week we saw our MMM long cycle play out by TH. We had our peak put in for reversal short and are now looking for opportunities to sell. Remember the market moves in threes and to always use the DXY to gauge EU. #thepowerof3s #reactdontpredict

Visionary17 Updated 

Yesterday we saw our L2 push on EU. Today I am expecting the cycle to continue with its L3 push long. Because we are in L2, be ready to trade both ways. L2 is also where resets are most common. Use the DXY to gauge the direction. #thepowerof3s #reactdontpredict

Visionary17 Updated 

Per yesterdays close, the peak is officially locked and we can begin to look for opportunities long. There is the possibility that price could come back and text the peak which would put us in line with a mid-week reversal for wed. I'd be cautious with trading back toward the peak. The bigger grabs will be long.

Visionary17

So far it looks as if we got 3 addition pushes in L3 and trap though of a zone. Today's daily close will determine if we're ready to rev and begin to look for opportunities long. #thepowerof3s #reactdontpredict

Visionary17 Updated 

I hope everyone enjoyed the long weekend. This week I am looking for EU to trap through and reverse at one of the zones. The DXY will drive this movement. When the EU locks its peak low we will then look for opportunities long. I would be cautious in holding shorts for too long. Regardless of any analysis, we will play what the market gives. Always keep an open...

Visionary17

EU finished the week as predicted. Congrats to anyone who took a piece of the action. -until next week #thepowerof3s

Visionary17

EU should continue to trade away from its peak reset for the rest of the week. Although trades can be taken both ways, the bigger is to the downside. Always trade the DXY to gauge direction for EU. #thepowerof3s

Visionary17

EU is starting to look more and more like a reset. Although the DXY is struggling to take out the weekly high, I am still looking for EU to continue to the downside. #thepowerof3s

Visionary17 Updated 

- Will be looking for moves long during London - Trade inline with the DXY (quick post)