EURUSD only

I’m looking for more bulls to enter market, bullish trend confirmed if we break the high of the triangle
my target 1.13 next key level

EUrusd daily- Ma 8 crossed Ma20 Up and all candles stay above Ma 20- MA 8,so eur can go up.I also think about short not long ,but first eur can do some high-12725-13000

BOT Trades short month, short week, short daily. In the coming hours i expect a small bounce off MA into London open to retest res before dumping.

I expect Daily to hit here first the blue line which is roughly 63-70 range before any chance for down, likely tomorrow or tuesday.

So it looks very likely to retest the low as res last week held so it was just a correction of more bearish move. I don't see a trend reversal just yet more likely to happen in September.

Excellent chart i hope this plays out as its the same as my Algo bot which uses Genetic Modelling on 1000 weeks, days hours etc. September should be trend reversal. Weekly ATR shows it being an explosive move when it happens.

hi Silverbolt , i've been following your bot calls and they were quite good

your BOT was quite good the last 2 weeks but i'm wondering why it does not call any bullish signal on any time frame now , i would have expected this week that it would have slowly turned bullish

maybe with a longer training period there would be different results ?

cheers

I don't really know the answer to that question. I expected to see some bullish move showing up but models are reactive on the macro scale. So they tend to follow the trend until there is a trend reversal. Its quite good fulfilling in most of the smaller time frames. Even daily is correct 78% of the time. The model run for August is still short. So we can at least expect a retest of the lows. If we break below it then EW counts for ending wave 5 are wrong if it holds they are right. Then we do a big ABC and impulse highs. Historically there is a trend change in September. The whales are back off their long vacations and the summer recess is over and the markets tend to do a U turn and its often a powerful move. Until then i make more pips doing what the model says 90% of the time rather than trying to second guess the market and try to put a EW count guess into the equation. As for the model run its 1000 weeks! plus all the smaller times frames. ts takes over an hour on a powerful i7 PC to crunch this data.

This is why the GA models are having a hard time turn bullish on the euro. For weeks and months we are compressed against this monthly trend line which is why its so range bound. Losing this support proper is game over for the euro. It either bounces or crashes then its a fundy problem. A breakup of Euroland or the USD crashes.

Just closed this with little profit...On sidelines now and waiting for London opening..

Stay Green

Don't assume London is selling.. Frankfurt causes selling.. Still 3 more minutes to London opening..

Okay now M15 candle has closed. London opening price on my broker: 1.1185

Stay Green

Long 1.1186 tp open sl 1.1150

Entered long on an aggressive trade stop at 1.1160
target around 1.13

So far so good.

added long 1.1172

A H4 candle close below 1.1177 can temporarily change the bull flow to bear flow.. I prefer waiting for 2 more hours to see where current H4 candle will close..

Stay Green

Stick to our rules please.. No need to mention GU and EG..

Stay Green

Daily Shark Pattern (Update)

Just re-sharing this to remind you of the bigger picture.. Maybe it could be day of scenario-1: where we might see a bounce from 1.11375.. Nothing for sure yet.. Trade safe and always after confirmation..

Stay Green

Eur stay at Ma100 H4.If eu cross it down 11650.its sell.But i hope eur goes up.

Ok! Edited.