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Next week is really going to be very interesting
The fragrance remains in the hands of those that gves the rose
Quoting wealthyqueen
{quote} Im still a newbie and learning. I make every attempt to thoroughly read through comments. Especially those that provide merit. Thanks to you and everyone that educates on the forum. @mitibloch as well.
Thank you, have a good weekend. Good luck with your learning.

There's been some really good posts this week, thanks to all, have a good rest. Have a great weekend Ata.
Founder of Seventh Wave Principle
Big gap up on Monday, an exhaustion gap, and then down down down.
Ata, I sincerely don't know what you have done to warrant such attacks on your person in the EURUSD thread. But I am happy you aren't bothered by it and just moderate this thread in a sensible way. Many people here have different ways of trading and just use this board as a place to share ideas and trades. Even if people do not like someone, the least they can do is move on and not keep attacking the person, who doesn't even bother.

I really hope these threads can be clean and people focus on trading instead of trivial matters.
Quoting Mitiblotch
Ata, I sincerely don't know what you have done to warrant such attacks on your person in the EURUSD thread. But I am happy you aren't bothered by it and just moderate this thread in a sensible way. Many people here have different ways of trading and just use this board as a place to share ideas and trades. Even if people do not like someone, the least they can do is move on and not keep attacking the person, who doesn't even bother. I really hope these threads can be clean and people focus on trading instead of trivial matters.

People just won’t get it.. What a joke, and what an obsession. Someone needs help real bad, I swear.

Sorry I know this is off topic, but I had to say it.
Quoting Mitiblotch
Ata, I sincerely don't know what you have done to warrant such attacks on your person in the EURUSD thread. But I am happy you aren't bothered by it and just moderate this thread in a sensible way. Many people here have different ways of trading and just use this board as a place to share ideas and trades. Even if people do not like someone, the least they can do is move on and not keep attacking the person, who doesn't even bother. I really hope these threads can be clean and people focus on trading instead of trivial matters.
Analogy wise: There will be always mosquitoes and roaches in this world and we simply have to find better ways not to attract them..

Stay Green
Be a seer, not a looker!
Daily Status Update

For my followers: I don't know about GAP or whatsoever. (Except when I go shopping). I trade what I see and I see that trend is temporarily bullish thanks to Brexit theater!

  1. I actually had spotted a potential Bearish 3 Drives pattern on Daily as shown on chart. The completion level was roughly 1.1115/20 area and I gave 10 more pips tolerance to it and mentioned that I will sell the sh*t out of 1.1130 but thanks to Brexit interference that idea has failed since last daily candle has closed way above it. Is well, not a big deal.
  2. Now we have 2 areas to watch:

    1. Will the previous H&S pre-neckline area already resist? 1.1190 to 1.1210 area!
    2. Or will bulls push a little further and bounce directly from original H&S neckline? 1.1250/1.1275?
    3. Maybe there will be no bounce at all BUT I leave that option out for now and focus on a spot where we might see a bounce!

  3. Then I also have my own Dashed BLUE TL touch area: 1.1270 to be exact (assuming bulls push price straight up) which then would also correlate with my 2nd option of original neckline retest.
  4. Overall I will let bulls run.. No shorting yet. First I MUST see a daily bearish candle!!! Then I will check if mentioned areas begin to reject. I also will keep moving my Dashed RED line with every new bull candle as my followers will understand why and keep buying dips. Time will tell.. No rush at all!

Stay Green

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Be a seer, not a looker!
In the longer term, I think this move is unjustified in that the EU economy is in shambles, and the UK being outside of the EU fundamentally has to result in a lower EUR value.

However short-term I think this move is fundamental, because it's about the removal of the constant risks and uncertainty surrounding brexit. Once that wears off, I think it will resume a long-term downwards trend.
Oeps.. See you on tuesday Big blow voor Johnson.
we go down friends until the end of October. target 1.0940
Quoting Leodavinci
we go down friends until the end of October. target 1.0940
why? brexit is not over yet
belive you
Quoting Kevin-abreu
{quote} why? brexit is not over yet
I am not a fundamentalist. On Monday I see 1.1080
Quoting Ata-Turkoglu
Daily Status Update For my followers: I don't know about GAP or whatsoever. (Except when I go shopping). I trade what I see and I see that trend is temporarily bullish thanks to Brexit theater! I actually had spotted a potential Bearish 3 Drives pattern on Daily as shown on chart. The completion level was roughly 1.1115/20 area and I gave 10 more pips tolerance to it and mentioned that I will sell the sh*t out of 1.1130 but thanks to Brexit interference that idea has failed since last daily candle has closed way above it. Is well, not a big deal....
Thank you Ata!
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Quoting Mitiblotch
Ata, I sincerely don't know what you have done to warrant such attacks on your person in the EURUSD thread. But I am happy you aren't bothered by it and just moderate this thread in a sensible way. Many people here have different ways of trading and just use this board as a place to share ideas and trades. Even if people do not like someone, the least they can do is move on and not keep attacking the person, who doesn't even bother. I really hope these threads can be clean and people focus on trading instead of trivial matters.
The consciousness of the human race has succeeded on to a higher level, while simultaneously those who support the old program have teo options, evolve or remain on the low vibration. Those ppl attacking someone on a forum is the latter! They need to grow and develop. The best response is no response, what we ignore falls away by Universal law. I personally benefit from those of you that share your knowledge. And Ata is a gem to create and sustain such a forum. In the last year and half. I have learned that trading is a personal experience. No need to project our thoughts or opinions on others. Im a lady, so long winded. Back to our business at hand. Wth is going to happen at open and next week.
So what does everyone think the gap will be? This outcome was kind of predictable, so not clear to me.
Quoting Starcraftmaz
So what does everyone think the gap will be? This outcome was kind of predictable, so not clear to me.
Gap down 6 pips
ex nihilo
Quoting ZerdOki
I think this one buy from key 1.10000. This look like retracment from 1.10000. Okey now have 1 , 2 , 3 (img) Plans for next wave ( may be in next day ) - Touch 1 rebuild (*) short and back to 2. - Pass 1 and come 3 rebuild (*) short for big move down few day. If price pass 3 ok we will make new plan. - Back 2 rebuild (*) long and pass 1 then 3. - Break 2 = Okey with will try retest key 1.10000. Note: * = important Good luck {image}
The price continues to break resistance 3 and we have another plan here.

Long-term test a week resistance *
Next plan
- EU use 1 or 2 or 3 for rebuild long and come week resistance ~ 1.12000
- EU come week resistance ( sometime fake break 1.12000 ) then build short in this zone. If happens we will see price back support 1 or 2 ( if 1 fail ).

This plan may take 1 - 3 weeks to implement. Good luck trader
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No one knows the future
Quoting ZerdOki
{quote} The price continues to break resistance 3 and we have another plan here. Long-term test a week resistance * Next plan - EU use 1 or 2 or 3 for rebuild long and come week resistance ~ 1.12000 - EU come week resistance ( sometime fake break 1.12000 ) then build short in this zone. If happens we will see price back support 1 or 2 ( if 1 fail ). This plan may take 1 - 3 weeks to implement. Good luck trader {image} {image}
Good your 3 level plan, that is why i use to tell this crazy has no option to correct before somehow test the target! Break plan 1 may lead to 2 and again lead to 3 to fail bull or tank in a full leg down to rebuild bull again, that is huge turmoils likely next rather dirrect test target and correct. Lets see.
dax should find buyers at 96 or 95 eu sellers cloud zone...

correction back down on eu to 1.10 or 1.0950 then boom up we go for good...dax monthly setup is bearish
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Price Action Analysis
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