EURUSD only

hahahaha...its ok. My ego has been shattered - my skin is thick. I am a lady amongst gentleman. Learning to trade!!!!! I wont take offense at all.

:-)

Forecast for Monday. Comments please

Better to wait for Monday open

Strong resistance 1.1430-55, will struggle all month to stay above

For support a base below 1.1340-50 means strongly bearish

Probably going to 1.1480 area before going down

Lcky ,, I hope you had a great day,,, Ata luv ya like a brother man if this post tho is beyond what you think is appropriate for your thread here then remove it ,,last post to our fellow trader was quite lengthy . Your methodology rather simple to you, myself and any more experienced trader. The less experienced maybe not quite so much ,,simpler yet may help those struggling to understand even the simpler methodology to what you are offering.

Lcky ,, almost the weekend so a little home work for you to study , 1st off one needs something mechanical to do ,,something one repeats over and over with out fail till one does it with out thinking .. 1st ,,, entry 2nd taking your profit and moving on ,, a progression of charts here,, finding something that happens over and over again is really not easy when it comes to the mkt but those 2 averages I told you to have on your m5 chart ,, same 2 adjusted for a m15 chart ,,if one just used that without even thinking how many 10 pip trades you see here or trailing stop even more ,,mechanical dont even have to think ,,just do it,,,, even thru the vaunted ,,the feared , supposed big shot news the nfp ,, if one wanted too ,,,has the 2 things one needs ,, an entry and a place for a tight stop for money management

As you get that down maybe a few things added ,, a days high ,,a days low a mid point ,,more so for tgts than anything because one makes more rolling with the mkt not against it

As you go about doing your mechanical thing ,,maybe playing around with a few lines ,,getting a projection for a pattern it will hit you like a ton of bricks ,,the things Ata talks about and some of the more experienced traders here ,,the trendline breaks ,,the cloned trendlines,, the steep trendlines,,red ,,blue etc etc ,,then a lot of shit will make a lot more sense from starting from something much simpler,, dont see you floating around but hope all is well for you Ata mentioned core principals,, well over the years after falling for all the bullshit associated with trading ,,and thats years worth ,,this is where all that led ,, my core,,, and there is still days it is front and center lol . Cheers sister and all

here are in comments 80% wishes , 10% analyzes market and 10 % good market analyzes,
but it is funny - thanks all :-)




good price for all ............

1st week in to the new year ,,rather quiet ,,dont recall any outlandish predictions ,,a little fear due to happenings in other pairs ,,same things would have had you looking for the right things there tho ...end of the week price sits roughly 50 pips lower than where it started . Rather typical week ,,what should stick out is only 4 things . A previous high ,,a previous low ,,, a mid point and the open . Being an all in bear ,,being an all in bull kinda applys blinders to ones thinking .. being all out bullish on your own acct one had an awesome week ,,One comment that comes to mind is my bud Moty ,,saying he was holding out for 100 pips on his entry ,,, finding ways to take more of what mkt gives over a weeks time you would have had well over 100 ,, even the 21 hours the mkt for the most part didnt do shit ,, the things discussed here and shown over and over again would have got you close to that ,,trading is your job man learn to do it no matter whats happening in the mkt ,,it aint all about the home run trade bud ,,its about taking what the mkt gives . its not all about the entry at any given time ,,the exit is just as big the majority of the time ,,Having all the things on ones chart Im sure is confusing for many starting out ,, ,, even a M30 scalping chart can get pretty busy looking its the levels tho when ya start hearing the same levels mentioned by a few that seem to have their shit together,,, start seeing what lines up lol,, whether a trendline a cloned trendline,, a pitch fork you will probably find one of the horizontal levels mentioned at the beginning of this post in the area,, m10 chart just worked for fitting that 21 hours in . its really not the time frame anyway ,,easy to do while its happening live ,,no ,,can it be accomplished yes ,, one has to train themselves ,,like anything the more practice the better one gets and the more one learns what to look for ,,,enjoy the week end all .

pretty boring week. No bite but rather tame within the range, eurusd has

Hi okshop,

is this the fib tool you use on your charts??

Just a normal fib from mt4, yes it is

My take on eurusd is it will revisit 1.13171 in the first half of next week.

I think monday is bearish, look the volume and price.... So if i wrong im sorry but we must see it... Happy trading.

I corrected my schedule and drew it for the next week. The market will be bullish ... whoever decides to use this chart, please pay attention to the time I set, at which time the market will change direction. Price levels may not coincide with the schedule. They are approximate.

rexcrunch.com/eur-usd-forecast-jan-7-11-volatility-doesnt-do-it-any-good/

Hi Guys,

First of all best wishes and nice pips for everyone in 2019!
Took a little break from this ranging market in december. However, change is upon us (I think)!

I have an update on Elliot Wave for you on EUR/USD.
Remember the waves are drawn after price made the move so when it comes to predicting it's only one of the many factors and no certainties.
But since it's been playing out very nicely the last 2 years I always try to take it into account when daytrading.

Since the FED is raising interest rates to fight inflation caused by the excessive QE and the ECB only plans to raise after summer 2019 I see the dollar keeping it's strength until then. This is causing the stock market to crash however and since many banks and companies are so over leveraged in the states my guess is we are on the verge of a major recession or even depression (1930's like). The us has accumulated so much debt in the last 10 years (over 21 Trillion Dollars) and many countries are backing out of the US dollar as backup currency. Iran, Venezuela, China, Russia, Japan, India, Turkey, ... are all stacking up gold and even buying bitcoin. This means that dollars are flowing back to the us, what causes inflation to rise, what causes interest rates to go higher and the cycle is round.

Stacking up Crypto's and gold is a good idea in the next two years imo. The crash of the US dollar is upon us!
BUT in the short term the rising rates will cause the dollar to keep gaining strength against the Euro so I think there is a good chance the Elliot prediction will play out for the next few months, until then I hope this recession won't be as terrible as I have seen in some predictions, so we can keep trading on margin accounts.
Again it's all probabilities and possible nice opportunities.

As you can see, drawing the waves we are now in a complex (triangular) correction, completed minute ((e)) and so minor 2 if there is a breakout down.
This would trigger the start of a minor wave 3 in the corrective intermediate wave (C). For now price has been failing to break the 38.2 fib.
A wave 3 timezone would start next week.

For the long term sturcture view, price would have to break 1.18151 to start a new intermediate uptrend, price has failed to break the monthly pivot on friday (but above LWMA 49), A nice setup for a swing trade down when we have a break on the black TL.

Mid term, bouncing and failing to break the weekly pivot, and as you can see in a complex correction situation until 1.14994 gets broken for a minor uptrend, until then expectancy remains on the downside.

Short term a break of structure in a high Mom-En-Tum downmove so expectancy would be on the downside, keeping in mind we still are in corrective phase.


We'll see what happens and we trade what we see!
Grtz!

Good morning/evening everyone.

Looking over the news outline for tomorrow, looks like a mixed bag of bad and good news for EUR coming up. Not sure which everyone will lean on but I expect the German data and Euro Retail sales to match and or/be better than expected which in my feelings could start things off with an upward movement for the EUR/USD; I expect the investor confidence to be poor and I'm not sure if this will ground the currency back to it's starting position. The last big data which is expected is the US ISM data which will likely be poor. So in short I expect a general move up, with a down move possible from some later data, then a move back up with US data.

Rumors:
Expect China Trade talk to be on the streets all week long. Rumors of a good deal, then rumors of now deal, back and forth this week.

Expect Brexit drama will come back this weak and will effect Eur/Usd. As I forecast that Brexit will not happen at all, be prepared for volatility as everyone else starts to position for this. I don't know for sure the effect on all currencies but once everyone excepts Brexit as not happening I would think it will be a positive for the Euro and end a lot of uncertainty. Either way; May deal, no deal, Hard deal is all good for Eur in my thoughts. Of course anything can happen; prepare for some wildness. Should equal some great trading for those prepared.

I hope everyone has a great week. Expect there will be some great long and short trades to make.

from what point? fundamental reason?

EU

Closed my trades looks like it might go down before going up