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  • #1,122,221
  • Edited Jul 9, 2017 9:41am Jul 8, 2017 10:05pm | Edited Jul 9, 2017 9:41am
EURUSD H4 - Important Levels for Monday & Tuesday

Okay folks, I just finished my analysis for EURUSD on H4 chart and after filtering out some noise, here is what I came up with:

  1. We have 3 important channels steering the overall trend, which is still bullish:

    1. BLUE channel is the mother of all the others. The thick edges of this channel should be considered as highly powerful to keep price inside her borders.
    2. GREEN channel is still developing. 1.15 level seems to be the mainly focused target where bulls want to reach first. The hesitant and choppy priceaction we started noticing since end of May might be caused by the flat angle of this green channel.
    3. RED channel is the little bastard that acts like a fast & furious car driver. It makes crazy spins and drifts to give bears serious heart attacks BUT I want you to notice that candles have started forming below its pivot line. Additionally the H4 chart couldn't make a new higher high so far. And last but not least: Candles started crossing into 10 EMA which also shows that bears started to show themselves. These are all tiny signals but they are still not enough to confirm a trend change.



  2. Bears must break out of red channel first:

    1. To do so they need to crack the lower edge of channel at 1.1355 TOGETHER WITH the green channel pivot at 1.1318. In other words, as long as price is above 1.1318 my overall bias will stay bullish.
    2. Let's say if price breaks out of red channel, then the first retracement will probably try to retest 1.1355 level. So write this level down somewhere because we possibly will visit it again and again in following weeks.



  3. Next possible scenarios:

    1. If bear power can get us out of red channel the next strongest target would be 1.1140/50 zone. And vice versa, if bulls can keep price above 1.14, the following targets would be 1.15 or even 1.1560/70 zone as an extension.



My humble opinions. I wish you all a happy Sunday. Hopefully see you right after market opening.

Peace out..

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4-Quick Levels.png Size: 49 KB
Focus only on what truly matters!
  • #1,122,222
  • Jul 9, 2017 3:11am Jul 9, 2017 3:11am
Did FF break anyone's mozilla firefox this weekend or just mine?
  • #1,122,223
  • Jul 9, 2017 3:14am Jul 9, 2017 3:14am
Quoting hilmy83
{quote} yup, no extra deposit, 300k+ by 4pm NY CST 9/29
hi hilmy83,
what did you learn in trading recently to make you so confident? wish success.
I can.I will. End of story.
  • #1,122,224
  • Jul 9, 2017 3:18am Jul 9, 2017 3:18am
[email protected]===>1.15353
Below==>@1.13125====>
Attached Image (click to enlarge)
Click to Enlarge Name: h4.png Size: 54 KB
if you my trade,My-post analysis, subscribed to ME
  • #1,122,225
  • Jul 9, 2017 3:37am Jul 9, 2017 3:37am
Quoting sakisf
Did FF break anyone's mozilla firefox this weekend or just mine?
What is your trouble ?
I have got Trouble in the Screen, the image on the Screen only appears Text randomly but the Chart image's still exists.

My Old Laltop use Firefox V. 15 with OS Windows 7 SP1 have got Trouble a Few Months ago. The Problem Still not resolved.

And Now I use New Laptop, Microsoft Edges Browser V. 40 with OS Windows 10 Creator V. 1703 ; sometimes got Trouble like that too.

I was report this Problem to Twee, I hope to resolve this issue as soon ...


NOTE :
Firefox Browser & Microsoft Edge have more Security than Other Browser
Always looking the GREAT, never left GOOD Point...
  • #1,122,226
  • Jul 9, 2017 4:05am Jul 9, 2017 4:05am
Quoting sakisf
Did FF break anyone's mozilla firefox this weekend or just mine?
mine too... FF fix it
  • #1,122,227
  • Jul 9, 2017 4:21am Jul 9, 2017 4:21am
Mine too
Lost in Narrative
  • #1,122,228
  • Jul 9, 2017 4:27am Jul 9, 2017 4:27am
Did some drawings
Just a different view but I am usually WRONG so don't trade it but let's ague more
Attached Image(s) (click to enlarge)
Click to Enlarge Name: WW.png Size: 68 KB
Click to Enlarge Name: 1.png Size: 56 KB
  • #1,122,229
  • Jul 9, 2017 4:44am Jul 9, 2017 4:44am
Quoting Tsar
{quote} What is your trouble ? I have got Trouble in the Screen, the image on the Screen only appears Text randomly but the Chart image's still exists. My Old Laltop use Firefox V. 15 with OS Windows 7 SP1 have got Trouble a Few Months ago. The Problem Still not resolved. And Now I use New Laptop, Microsoft Edges Browser V. 40 with OS Windows 10 Creator V. 1703 ; sometimes got Trouble like that too. I was report this Problem to Twee, I hope to resolve this issue as soon ... NOTE : Firefox Browser & Microsoft Edge have more Security than Other Browser...
Something like that. Page not loading in full, only some text appears and some images, then it breaks and breaks every other tab too. cdn-resources is slow then some script must be doing something bad to firefox. Haven't tested edge. Chrome works better but still not optimal as before.
  • #1,122,230
  • Jul 9, 2017 5:26am Jul 9, 2017 5:26am
Quoting sakisf
{quote} Something like that. Page not loading in full, only some text appears and some images, then it breaks and breaks every other tab too. cdn-resources is slow then some script must be doing something bad to firefox. Haven't tested edge. Chrome works better but still not optimal as before.
Yes... We are the Same Boat (got the Problem)

Do you try Opera Browser ?
Always looking the GREAT, never left GOOD Point...
  • #1,122,231
  • Edited 8:55am Jul 9, 2017 7:53am | Edited 8:55am
Quoting jusstin911
Did some drawings Just a different view but I am usually WRONG so don't trade it but let's ague more {image} {image}
Yup. The Signal Candle in the Above Weekly Chart you tell is Correct. It has not been realized yet
But ... Did you check the Signal Candles after GAP (in your Picture is Black Candles ; I like change it with White Candles) given the Another Signals ?

These the first time I've seen Different Signal Candles, which are mutually Opposite and related to Others. It's really Complications
And the Final result that Bullish Signal is very strong influence than Bearish Signal


INFO : StockCharts
Attached Image (click to enlarge)
Click to Enlarge Name: Euro Weekly Chart - Candle 2017-07-09.jpg Size: 276 KB
Always looking the GREAT, never left GOOD Point...
  • #1,122,232
  • Jul 9, 2017 9:06am Jul 9, 2017 9:06am
Quoting sakisf
{quote} Something like that. Page not loading in full, only some text appears and some images, then it breaks and breaks every other tab too. cdn-resources is slow then some script must be doing something bad to firefox. Haven't tested edge. Chrome works better but still not optimal as before.
Looks like FF using open chart system which only works well with chrome & edge. Firefox is a problem for open chart. I experience the same problem for my other website as well. Just my opinion
Self discipline It is a practice
  • #1,122,233
  • Jul 9, 2017 11:21am Jul 9, 2017 11:21am
Quoting sakisf
Did FF break anyone's mozilla firefox this weekend or just mine?
Laggy as hell, thought I was going crazy!
  • #1,122,234
  • Jul 9, 2017 11:22am Jul 9, 2017 11:22am
Quoting hilmy83
{quote} my wife will probably leave me if i dont get a bigger house by end of this year..so we all got our problems lol
You're right. Women are hypergamous. She's probably "monkey branching" already.

TAKE THE RED PILL........
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #1,122,235
  • Jul 9, 2017 12:07pm Jul 9, 2017 12:07pm
Quoting sakisf
Did FF break anyone's mozilla firefox this weekend or just mine?
Yes little circle going round and firefox not responding all the time. Terrible. Went and uninstalled Firefox etc. fiddled with settings trying to fix it then my man said try another browser and Chrome worked no problem.
  • #1,122,236
  • Jul 9, 2017 12:16pm Jul 9, 2017 12:16pm
Quoting caledonia
{quote} Yes little circle going round and firefox not responding all the time. Terrible. Went and uninstalled Firefox etc. fiddled with settings trying to fix it then my man said try another browser and Chrome worked no problem.
Chrome has its issues too with the new things they did. Open 15-30 tabs and switch between FF and another heavy tab like toms hardware or pizzahut and back, you will notice heavy ram & cpu usage when you get back to FF and failure to draw the page immediately. Turning off gpu acceleration might help, haven't tried.
  • #1,122,237
  • Jul 9, 2017 12:17pm Jul 9, 2017 12:17pm
Quoting sakisf
Did FF break anyone's mozilla firefox this weekend or just mine?
Same problem here. I swapped to Chrome, but have difficulties with posting. Whenever i try to include a link and try to post I'll get an error saing that unexpected code can not be posted or something like that.
  • #1,122,238
  • Jul 9, 2017 12:40pm Jul 9, 2017 12:40pm
Some technical'ish stuff I was looking at today regarding monthly Support (Green) and Resistance (Red) levels while I rest a bit from macro data churning.

There's a nice cluster of monthly turning levels all the way up from 1.16 to 1.24

Also few monthly SMA's plotted: 50 (Green), 100 (Yellow) and 200 (Red).

Attached Image (click to enlarge)
Click to Enlarge Name: YHhpn.png Size: 102 KB
Trade. Learn. Adjust.
  • #1,122,239
  • Jul 9, 2017 1:00pm Jul 9, 2017 1:00pm
A pretty great trader I follow said this has a lot higher to go still so I would be careful looking for long term shorts anytime soon
  • #1,122,240
  • Jul 9, 2017 4:11pm Jul 9, 2017 4:11pm
Are you tracking EURUSD this week? Here's a top-down technical perspective you may consider.

On the daily time frame, the most recent price action was within a significant S/R zone which it could not breach. Price action is respecting a support trendline (navy colour) from the low of April 6, 2017 and we may expect a pullback to the trendline, perhaps around the 1.13280 area, before any further upward move. A successful break of the zone is likely to target the next resistance around the 1.16100 area. However, should price break the trendline southward, a likely target is the immediate support around the 1.12270 area. Such a move would be likely corrective in nature.

On the H4 time frame, price action is operating in a range (bound by two magenta-coloured horizontal lines). Most recent price action has moved upwards and distally, respecting an inner ascending/support trendline with buyers very much in control of the most recent sessions. This move may break the range northward and target the immediate major resistance around the 1.16100 area. A retracement to test the trendline may take place before further northward move gets an increased momentum.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Top-Down_Analysis_Daily_July_9,_2017.png Size: 46 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Top-Down_Analysis_H4_July_9,_2017.png Size: 40 KB
Do your homework, follow the footprints of smart money
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