EURUSD only

what time is the Theresa May confidence vote (U.S. EST)?

Buying with a pullback and touch to Dashed RED is not a guarantee but much safer way: 1.1348 area guesstimated!

Second option: Buy after a RED TL breakout. We are not there yet so no rush!

Stay Green

I know how to manage, quantify and evaluate risk, volatility and trend. During the 2015 EURCHF route, when the Swiss unpegged the Swiss Franc from the 1.2000 Euro peg, that bankrupted many traders and brokers. I would not even consider trading that pair as the downside risk was too great

The person I trust most is myself. I am a safe pair of hands.

I am looking solely at the H1 chart for the bearish divergence and it is confirmed already once we one shorter MACD bar had been printed. In other words, the previous H1 candle (the bearish H1 candle) has already confirmed the divergence.

Stay Green

its happening now behind closed doors.
they expect a result by 9 pm GMT
i think thats 4 pm EST

Thank you

short squeeze

Yes. I’m sorry but technicals do not matter in situations like this. TL’s, S/R, divergences, Pivots, etc mean nothing.

Best for me to watch

1.1385 in! but it is going a little more higher!

I don't think charts will work tonight. We might as well see over 120 pips tonight. Shorting this thing is no longer reasonable if 1.1400 goes.

so Red TL broken. Waiting for Pull back or did you buy Ata?

Hello forex gurus. Hope all are trading like professionals regardless of your results.

Theoretical fractal geometry is drawn on the "xy" plane. Simple and seemingly linear but forex by default includes time, and thus price action is always modeled/studied/analyzed in the context of time.

The fractal model I use shows 2 relevant nodes appearing @1370 and 1325. More importantly is "when" the nodes appear. In this case, roughly 4-8 hours into Sunday's open. In my studies, price rarely ever goes thru a node horizontally. Monitoring price as it approaches these nodes in real time is invaluable. Price moving above/below/between nodes can provide valuable information going forward as to future price bias. In addition to all of this mind numbing theoretical mumbo jumbo, there is a "5 point fractal mesh" (just made that up) that appears squarely around the 1400 area. Path of least resistance for swing traders may be down?

My general bias at the moment is short Euro, but I must admit the bulls have been valiant in their fight. Today's rally in US equities may have given a bit of a positive sentiment lift to the Euro but for the moment sellers have stepped in and are trying to gain some footing heading into the New York lunch break.

My position: (not a recommendation)

As I type the Dow is surging again, Euro moving north printing a potent 4H candle at 1377, now 1383 and.........SHORT TRIGGERED BOOM!! Calling in the Roman Gladiators to defend 1397, this could get ugly. (white flag ready )

SOLD 1383 --- SL 1397 --- TP1 1325 --- TP2 1265

Yes I know, a 14 pip SL on the 4H is preposterous!!

Safe trading all

EURO 4H (updated)

Attached Image (click to enlarge)

I did take the bait with a sell nibble at 13850. My TP is open (but would like to see 12650 area) as I would like to hold this through tomorrow if possible. My mental SL is 25 pips. I do have another sell limit at 13950. Let's see how this plays out.

...there was a (hidden) bullish divs at H4 TF (via TDZ indicator). However, at the moment... price face the Weekly Pivot, at first tap... a small pull-back may happen, but look for buying opportunity (though earlier signals were at 1.13410 with TP around 1.14 handle once price respected the weekly low (or mid-low) or right about the average weekly range low. Though EUR strength against metals/oil is weaker compares to USD... is pretty strong still (from the last 10.5 hrs). So once the Metals/Oil shows signs of weakness... again, look for buying opportunity (90+ pips target - to 1st test the previous Weekly high).

I'm short 1.13791 SL 1.13860 TP 1.1310

May will likely survive, however this won't fix anything. There won't be a deal that will pass. This just make another year of drama with nothing getting done so it appears to me and others.

This is a negative for EUR and GBP as it only hurts both economies until they just give up on leaving the EU. The house of commons just won't pass any deal. EU has said clearly they won't change the deal they have on the table.

Will see how it all plays out.

Best wishes to all.

EDIT: SL moved to BE

Moved stop to 1.1635, halfway to my target. Price will achieve my target before Teresa May starts blabbering at 21:00 GMT

P.S. I would like to add that this is not a signal service and not a recommendation to buy or sell

Out 1.1373!!! the best area to sell now is 1.1398 - 1.1404

Look, I only told that to those who insist in buying. I already made it clear that I am LOOKING TO SELL BASED ON DIVERGENCE on H1. Hope it clarifies. And yes I keep selling and selling since the last couple of hours.

*So one final time: From my own experience I "prefer" going against trend once I see divergence. System says buy I say sell.

Stay Green

Bearish momentum is getting weak, im already buying, but will wait the breakout for complete my position size.

Got you now...........
Dont be angry friend.. Chill

I skipped your previous post and ask based on chart because I was focusing there .... anyhow thanks... My shorts are still open and I will keep open