frankiev2

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100 % forex
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EURUSD 100% | 6
frankiev2 frankiev2 EURUSD, D, Short ,
EURUSD: The bigger picture
29 1 2
EURUSD, D Short
The bigger picture

One year ago we were in the same situation, we broke out and down. Are EURUSD better prepaired on this break in regards to the break in june? Ultimately i think we will visit the lower 1.06xx very soon

frankiev2 frankiev2 EURUSD, 240, Short ,
EURUSD: Short momentum in play
58 0 5
EURUSD, 240 Short
Short momentum in play

As we broke below the trendline from june, the floor below has open up. Momentum has gained power and I suspect that we could see a swift trip down into lower levels. The break and following test of the trendline was also a weak retracement (only 38,2% retracement from the 1.1203 previous high) indicating that we have a strong bear in the works. Also ending friday ...

frankiev2 frankiev2 EURUSD, 60, Short ,
EURUSD: Bear comming now?
69 1 1
EURUSD, 60 Short
Bear comming now?

So in regards to my weekend idea i finally got an entry short late tuesday at 1.1374 after S1 had been touched and DP tested. But got my fingers smacked the day yesterday as it hit R1 and closed out in a loss at 1.1417. I dont see the long play so i only focus on shorts, today we finally hit S1 again, so now i wait for the DP test or the break of S1 to enter back ...

frankiev2 frankiev2 EURUSD, 120, Short ,
EURUSD: Bull trend ended?
112 2 4
EURUSD, 120 Short
Bull trend ended?

So friday gave us NFP and as usual we got the pump and dump action before. But in my view we actually got faked out already on thursday in preparation for a much better NFP, but that did not happen and bears got caught. Anyway, we did get a positive dollar reaction even though dollar got hit badly friday a bad EUR did not make it worse. On the hourly we did get ...

frankiev2 frankiev2 EURUSD, M,
EURUSD: Consolidation until no longer..
41 0 1
EURUSD, M
Consolidation until no longer..

We have now been in consolidation for over a year and no one knows for how long we will be here, only when we break up above 1.170x handle that i dont even count as being there, does anyone else? pure FOMC momentum that could not be sustained. BUT it is there.. I'm more looking at the top cluster up to 1.147x that act as a hard resistance. And i doubt we will ...

frankiev2 frankiev2 EURUSD, 240,
EURUSD: Bear Wolfe in the making EURUSD 4h
30 0 3
EURUSD, 240
Bear Wolfe in the making EURUSD 4h

Will try to put my thinking in public from now on.. At the moment i'm looking at EURUSD. Fundiewise nobody knows what will happen, and even depending on what will happen nobody knows how it will affect price, so sticking to TA makes is much more simple. Everyone seems to be seeing bull and looking for 1.2000, but looking at monthly does not show a strong bull ...

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