EURUSD only

1.900 going to bounce from here?

The bear seem heading to 1840, but will trump like a strong dollar?

The days when no fundamentals nor technicals works.

This fall of EUR/USD started on a day (just like this one) with no significant news. Thin volume trades but it made a lot pips down in almost straight line.
Ive tried to understand whats happening behind.
Only thing that is noticeable is that they brought USD/CHF to parity and EUR/CHF close to 1.20 also in straight line.
So its only some kind of agreement behind the scenes and nothing else.
And Ata, please dont mind mentioning of third currency
By the way, Ive noticed you as a good trader, worth of following, at FX Junction. You had some very great days there (and some bad but who didnt)
When I saw you here I said to myself, ok here is my man again. Stay green and successful!

reversal in place it seems. Intraday long added 1.1911 stop 1.1897 tp 1.1976

I think FOMC Member Bostic is speaking now.

yes everything is possible but this everything does not include making 200% profit daily or drop 8000 pips in a day

when someone says that everything is possible it means that no matter how good you are you can end up hitting you stoploss

Thinking looking for long at 19050 is low risk

no sign of this short trend ending. keeping shorts in play

support 1.9165 or else 1.87

One hour chart looking to be a full on bullish engulfing pattern at the candles end 2.00 min

short closed buy at 1.91 to tp 1.95

Possible bounce of friday's low 1.1908 area

close all my sell position and wait for correction. im still believe we can go 1.1883

The easy part is to bring EUR/USD to 1.20 but whats bugging me is whats next?

Yep it's getting to be a bit of head puk

This is totaly NOT true.
Sorry, I wanted to cut low here, but this is the second time I have to read something like this, so, yeah sorry, but I have to clear this up:
(please read the quote up there!)

Technical:
we had a very clear range breakout after 4 touches, including two failed breakout attempts, to the downside.
The price sat on this very significant technical level for days, without ever moving away from it. It kept "pushing it", which, if you are experienced on the Daily charts, is a very strong sign for a breakout in the making. I was positioned short after the first inside day. We had two inside days, which also were very strong signals for the breakout.
This is a super clean setup that I trade on many markets all the time. Two inside days, on support, no bounce, strong resistance to the upside, in a weakaning range, right before red flag event.. perfect, I take this any time.
Plus: I called this last year

Fundamental:
Monday was an inside day, and tuesday was an inside day (technical Setup)
Wednesday had Dragi (ECB) redflag event, that triggred the breakout, confirming the technical setup.
Hiowever, I do agree that all TV Fundamentalists () were wrong (as if them pushing the false narrative was unusual, c'mon...)
They all chanted "hike hike hike announce"... (more on this later, read on-)

back to technical:
since then, we have a very clear and unbroken downtrend, that only slowed down last Friday when:
- touched a very significant technical level
- the Yen got pumped up in two significant moves against the EUR and the USD, both at the same time, with the same strength (which btw was a clear setup for the FED event. (I did post this here but it got thumbed down, even though it was a very important thing to happen for the EUR/USD !)
This caused the EUR/USD to "stop and sit" on Resistance, because when both fall with the same strength against a third major (in this case the JPY), it can not move. (weak vs weak, can't move)

and back to today:
Today (Monday), no red flag events, London closed (holiday), Asia kept "pushing", price never really showed any signs of strength by pulling away from resistance (no bounce, it sat flat on resistance and kept pushing)
Again, very clear signs for a continuation of the still unbroken downtrend.


EVERYTHING in this breakout and the downtrend ever since, was perfectly in line with Technical Analysis (clear breakout setup on W1/D1/H4/H1. Clear Trend Continuation after Correction right on top of the downtrend channel on M1, we are trading a bearmarket)
AND Fundamental ECB event (Dragi triggers the break)
The ONLY thing that was totaly OFF, were the Fundamental TV Prophets who anticipated a hike, which (regarding to proper technical analysis, can and will not happen)

Conclusion: never believe the TV prophets, they (just as the entire trading education industrie) are pushing a false narrative. That's their job, that's how they earn money.
Don't blame the markets, learn charting, understand your environment and know the game you try to play.

my 2 cents

and it was beautiful easy to trade thing.. it still is...

I however DO AGREE that what happens on the Swissy is more than sick and very obvious dark powers in action

cheers


edit: "whats next?" --> shoot for 1.17-1.16.. somewhere there...

new intermediate low at 1880 and then pullback into 1.20/21. time will tell.

I have a bullish gartley pattern.h1
I bought 1.19190.

edit: "whats next?" --> shoot for 1.17-1.16.. somewhere there...

too much to ask

-1.9165-1.8705

no longer their to move down