Disliked{quote} Hi C-12, Here Lite FX index H4 chart USDLFX H4, nice break out {image} And EuroLFX Index H4... {image} also GBPLFX Index H4 {image}Ignored
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Disliked{quote} Hi C-12, Here Lite FX index H4 chart USDLFX H4, nice break out {image} And EuroLFX Index H4... {image} also GBPLFX Index H4 {image}Ignored
Disliked{quote} All the best mate, I will post my views if I think they could be of benefit to others. I mainly swing Trade that I hold for hours or weeks I see Eur/Usd has been in this ugly 9 week range so I haven't been trading it very much at all. Still have a bearish bias as I see a strong $, but closes above 1.1743 could maybe change my mind. also short Gold and for those that don't know, there is a very strong correlation with Gold & Eur/Usd. It Looks heavy right now, tempting to short but I'm already short gold and Long Usd/Jpy so I'm going to wait....Ignored
Disliked{quote} EuroUSD D1, Downward direction ... D1 Supply Area .. {image}Ignored
DislikedHello Everyone, Here is my take of the EUR/USD Market with an emphasis more on the longer term outlook. The fundamentals point to a very bearish EUR/USD pair. The turnaround in the US is imminent. Due to the prolonged period of low interest rates, the global economy has experienced debt consolidation in private households, corporates and the public sector. In addition to the USA, this applies especially to China but Europe has also celebrated extensive debt orgies. This usually works until interest rates start to rise and the “scrap companies” artificially...Ignored
Disliked{quote} You're right. The entry was at 1.7265. (1.1730>1.7265) At that time: (1) Price is below the Balance Point Line (BPL). (2) Chart Mode I is red. (3) Chart Mode II is red. All three suggest the trend is down. (4) A No Demand bar appears as price move back towards the trigger line, indicating a lack of SmartMoney interest in higher prices. Which is to say, the SmartMoney is interested in lower ones. Where we once saw lots of activity by the professional money, we now see very little. That is the language of the Market. {image} To be honest,...Ignored
Disliked{quote} Hi. I.m agree with you in what you said. But with the TF.s i.m agree just with the D1 TF becouse: My view also: 1.The last height(1.25..) from the MN TF is not finsihed, that top is not complete so for me it means we need to go back there in time. 2.The W1 TF is also not finish there is one more last down push to finish and make a divergente to go up becouse we need to finish the job from last height.Next target for me is 1.14-1.138 and from there looking to buy, the market will turn. On MN TF this was a normal retracement to the 20MA Good...Ignored
Dislikedmade a mistake yesterday , was locked that eu will break price band ema 40 , but it didnt happened . eu daily{image} eu h4{image} eu h1 {image} eu 15 m {image} dx h1{image} dx 15 m{image}Ignored
Disliked{quote} You're right. The entry was at 1.7265. (1.1730>1.7265) At that time: (1) Price is below the Balance Point Line (BPL). (2) Chart Mode I is red. (3) Chart Mode II is red. All three suggest the trend is down. (4) A No Demand bar appears as price move back towards the trigger line, indicating a lack of SmartMoney interest in higher prices. Which is to say, the SmartMoney is interested in lower ones. Where we once saw lots of activity by the professional money, we now see very little. That is the language of the Market. {image} To be honest,...Ignored
Disliked{quote} If you want to be good at trading, especially those new to the business, stop predicting the market. Don't go down this common trail to predict the market which is an impossible task. Allow the market to tell you what it wants to do. It won't do what the market analysis predict. It also won't do what the traders predict. The market does what it does. Read what the market does. Trade what you see, not what you predict. HiddenGap has given an example of reading what the market does. Trade what is, not what you predict. It is a good example...Ignored