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EURUSD only

Quoting Mitiblotch
As usual I always say that Asia doesn't set tops and bottoms for London and NY. I made this statment some weeks back and the crash happened. The bottom set by Asia will be touched by London and maybe NY before it rises. Today is Monday. Did Asia sell? Yes. So what do we do? Sell! If it rises here without touching that Asian bottom, then it is a pity because it means the bottom has not been set. It simply means it will crash again. But if London goes down and touches or gets near that 0.955x low and rises, then we are good to rise for the rest of...
Price rising? Unfortunately, the low has not been set.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting andvk74
{image}
I love simple charts. Thanks for sharing. Even a 5 year old could spot the most recent impulsive wave down and label it as a wave 3...

If that's the case, then it is highly likely that we are now inside or very close to a corrective wave 4... and roughly heading towards 0.9904 area... Just thinking out loud!
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Be a seer, not a looker!
Ata's Trend Hunter V3.7 All Time Return: 111.9%
Managed to bag a few longs this morning. Starting the day out with a nice 2% gain Safe trading everyone!
A few pips a day keeps the debt collector away
100k All Time Profit: £14,614
Quoting Ata-Turkoglu
{quote} I see this on MONTHLY, please note this down for later use: The larger fibo measurement points at 0.8973, BUT the recent fib measurement shows that we could have a blockage sitting at: 0.9577... Maybe the bounce is already happening... Overall, continuation of the bear trend depends on this blockage... Will it support? Will it not? Time will tell.. {image}
ok , logical target reached and so see if support active to bounce back !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting Js3mwtRc
EU recovered from 155 pips drop in Asia after the opening, but still looks bearish. Fears of recession and USD strength are the reasons for this fall. 15 min chart {image}
Update
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Looking for profitable short term trades ...|
Quoting Js3mwtRc
{quote} Update {image}
I am waiting for a drop back down to 0.9600 and 0.9550 to buy some. If it goes up straight from here I'll simple hunt resistances to short. I already shorted and and ran out with almost 20 pips profit. But will wait to snipe again.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting Mitiblotch
{quote} I am waiting for a drop back down to 0.9600 and 0.9550 to buy some. If it goes up straight from here I'll simple hunt resistances to short. I already shorted and and ran out with almost 20 pips profit. But will wait to snipe again.
You are doing well. I watch 0.9620 for a drop back at the todays lows and up I want to see it first if, it can rise above todays high and stay there. Then I will monitor for a failure at 15 min.

Of-course 0.9600 may proved a good support.
Looking for profitable short term trades ...|
potential inverted h&s set up on 15m tf? If we break above 0.97 and today’s high might give us 9750 area
Patience, Emotion Control and Discipline.
I think the target for the next drop will be 0.94950. I agree with Mitiblotch, the low hasn't been made yet...there isn't a reversal candle on 4hrs yet.
Risk comes from not knowing what to do
Wow... what a nice morning.

Did a few quick scalps. Left three long trades I entered open: 0.96766, 0.96583, 0.96313. They are well spread out, so I accumulate them.

Now, there's a rumour that England might intervene. When I heard that news on wire, I almost spit out my coffee, and almost fell from my chair.
Unlike Japan with deep pocket, England doesn't have enough FX reserve to do that. Let's give them the benefit of the doubt. It may last two hours.

If England intervenes, it'll only benefit the ECB, lifting the Euro.

My target short term are 0.992 and parity. If price gets to 1.01, then I can start knock off some trades. May be I don't need to.

Best,
Cat
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The bears are showing signs;
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Quoting johncen
potential inverted h&s set up on 15m tf? If we break above 0.97 and today’s high might give us 9750 area
here is my 15mins
0.9660 key support for bull.

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Patience, Emotion Control and Discipline.
Good for the bears, hopefully this 3rd candle will close bearish too lol*;
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Quoting cchin
Wow... what a nice morning. Did a few quick scalps. Left three long trades I entered open: 0.96766, 0.96583, 0.96313. They are well spread out, so I accumulate them. Now, there's a rumour that England might intervene. When I heard that news on wire, I almost spit out my coffee, and almost fell from my chair. Unlike Japan with deep pocket, England doesn't have enough FX reserve to do that. Let's give them the benefit of the doubt. It may last two hours. If England intervenes, it'll only benefit the ECB, lifting the Euro. My target short...
With what information did you decide the Bank of England don't have enough FX to intervene for their own currency? It's funny to even suggest such a thing. If they want to intervene, they can and they will. And it will be quite easy. In fact, very easy.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Good to see 3 red crows, hopefully it continues lol, or it could be right at support lol;
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I think the bears are going for it lol;
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The bears have done well, and the bulls can show up anytime lol;
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Quoting sulai45
The bears have done well, and the bulls can show up anytime lol; {image}
Today is Monday. Did Asia sell? Yes. What do we do? Sell! I don't see any bull anywhere maybe till tomorrow. This usually would go all the way down to test that bottom set by Asia. Only when the heavier hitting sessions London and NY test 0.9550 and it withstands the assault can we then peacefully buy with SL below 0.9550.

I won't fall for any bullshit bull.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting johncen
{quote} here is my 15mins 0.9660 key support for bull. {image}
Key level remain 0.9620 area for today. There are rumours on potential emergency rate hike in the UK.
hmmm.. will we see more roller coaster today?
Patience, Emotion Control and Discipline.
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