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EURUSD

  • #1,156,721
  • May 31, 2019 1:43am May 31, 2019 1:43am
It’s Friday. Time for the bears to cash out if they didn’t yesterday.
  • #1,156,722
  • Edited 2:56am May 31, 2019 2:29am | Edited 2:56am
Usdx bo and continue to tl 97.88/78 if very strong and too crazy bull, towards 97.46 if try as classic, towards 96.90 if weak but still bull territory. So may others go as per.
May take 2/3 5hrs to get tl covering almost whole day before get a reaction chance. So logically a pure bear day here and bull for others, breaks at the height of momentum should not stop easily, that is looking for classical and weak bull for usdx!!

Eurusd likely test break 1164/73 to catck 1189 again for today.
Actually this reaction can be violent as wrote few times but still crazy usdx bull as first consideration and only fails by itself will augment other pairs passively!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,156,723
  • May 31, 2019 2:33am May 31, 2019 2:33am
Quoting fontu
{quote} Thanks for enquiry, actually this is not any strategy to follow, just analysis or how i used to see market. I apply basic elliot waves at every place in understanding price action at any time. So using simple of ew rules yo determine the limits, signal, confirmation etc levels. Signals usually mean breaks some levels like candle lows to test limits which is limit price try test to break or bounce above to continue trend. While limit breaks may breakout of the present trend running likely, again they are applicable from small to bigger trends....
thanks a lot for your kind response, much appreciated.
  • #1,156,724
  • May 31, 2019 2:47am May 31, 2019 2:47am
Quoting EvilEye
It’s Friday. Time for the bears to cash out if they didn’t yesterday.
Maybe the bears will wait for the weekend to pass ...not enough political fuel for now.
But the day is young...
Member
  • #1,156,725
  • May 31, 2019 3:02am May 31, 2019 3:02am
Quoting TudorIoan
{quote} Maybe the bears will wait for the weekend to pass ...not enough political fuel for now. But the day is young...
They may set at be to escape if not done yet as the ranges can be medium to big and bigger too!
If no much turmoils then standard pa likely, no bear there so soon.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,156,726
  • May 31, 2019 3:15am May 31, 2019 3:15am
Quoting fontu
{quote} They may set at be to escape if not done yet as the ranges can be medium to big and bigger too! If no much turmoils then standard pa likely, no bear there so soon.
Yes.
In my opinion EUR/USD need strong fuel to break a historical support like the 1.1110
So, I guess the only direction is up for now.
Member
  • #1,156,727
  • May 31, 2019 3:25am May 31, 2019 3:25am
Quoting TudorIoan
{quote} Yes. In my opinion EUR/USD need strong fuel to break a historical support like the 1.1110 So, I guess the only direction is up for now.
But euro, gbp became like tissue papers, no power or notochord apparently, only to rely upon usdx weakness and all see saw effects among actually all relatively weak currencies! usdx reacting strong to escape great tanking as it seems to me!
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,156,728
  • May 31, 2019 3:34am May 31, 2019 3:34am
Quoting fontu
{quote} But euro, gbp became like tissue papers, no power or notochord apparently, only to rely upon usdx weakness and all see saw effects among actually all relatively weak currencies! usdx reacting strong to escape great tanking as it seems to me!
Yeah, the USD drives the major pairs and the USD is driven by politics.
Member
  • #1,156,729
  • May 31, 2019 5:12am May 31, 2019 5:12am
Quoting Grantx
{quote} Plus, they had Sun Tzu. Tariff man stands no chance against that kind of culture.
Oh, yeah, they have Sun Tzu and a fantastic culture!
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Member
  • #1,156,730
  • Edited 6:00am May 31, 2019 5:48am | Edited 6:00am
Usdx did the first signal but eu still struggling for it! And usdx correct up more than enough and further up before next action, breaks one limit up and trying next one too, exaggerated again with whatever support it may get.eu hourly sell off trying, support 1140 to up for h4 target as 1164. Lets see.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,156,731
  • May 31, 2019 5:54am May 31, 2019 5:54am
Quoting fontu
Usdx did the first signal but eu still struggling for it! {image} {image}
5 hours ago EUR/USD did responded like ~30 pips to the USX. Where's the struggle?
And what arrow do you follow?
Member
  • #1,156,732
  • May 31, 2019 6:00am May 31, 2019 6:00am
SHORTED – 1.1147
TARGET – SEE WHAT IT GIVES ME (BUT POSIBLE 1.1126)
STOP LOSS – ABOUT 6 PIP / GIVE OR TAKE A FEW
Resistance is futile
Don't trade what you think. Just what you see!!!
  • #1,156,733
  • May 31, 2019 6:02am May 31, 2019 6:02am
Quoting Theoak
SHORTED – 1.1147 TARGET – SEE WHAT IT GIVES ME (BUT POSIBLE 1.1126) STOP LOSS – ABOUT 6 PIP / GIVE OR TAKE A FEW Resistance is futile
Go, Borg!
Member
  • #1,156,734
  • Edited 6:31am May 31, 2019 6:17am | Edited 6:31am
Quoting TudorIoan
{quote} 5 hours ago EUR/USD did responded like ~30 pips to the USX. Where's the struggle? And what arrow do you follow?
Arrows in usdx all same as before as apparent pa. Euro weakness /struggle as not moving or unable as per usdx did. Pa remain the same still.bad thing h5 usdx candle last got a long shadow indicating limit 98.03 nay breaks up to more correction before down possible.
To get 1164 may down below 1140, nay 1135/30,too ranging!!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,156,735
  • May 31, 2019 6:19am May 31, 2019 6:19am
Quoting fontu
{quote} Arrows in usdx all same as before as apparent pa. Euro weakness /struggle as moving or unable as oer usdx did. Pa remain the same still.
Yeah, yeah, bears took over for some correction now...
Attached Image
Member
  • #1,156,736
  • May 31, 2019 6:22am May 31, 2019 6:22am
Adding more short positions on EURUSD and EURAUD.

DXY bullish. A lot of supply zones on a monthly. DXY bullish, EUR bearish.
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  • #1,156,737
  • May 31, 2019 6:39am May 31, 2019 6:39am
nothing to buy for me at these prices

i expect further downside below 1.11 by next week
Don't Worry Be Happy
  • #1,156,738
  • May 31, 2019 6:47am May 31, 2019 6:47am
Quoting MrPresident
nothing to buy for me at these prices i expect further downside below 1.11 by next week
When you know how to trade, you know how to trade. Trade safe.
  • #1,156,739
  • May 31, 2019 7:21am May 31, 2019 7:21am
Quoting Theoak
SHORTED – 1.1147 TARGET – SEE WHAT IT GIVES ME (BUT POSIBLE 1.1126) STOP LOSS – ABOUT 6 PIP / GIVE OR TAKE A FEW Resistance is futile
+ 6 pips
Don't trade what you think. Just what you see!!!
  • #1,156,740
  • May 31, 2019 7:55am May 31, 2019 7:55am
LONG – 1.1157
TARGET – SEE WHAT IT GIVES ME (BUT POSIBLE 1.1180)
STOP LOSS – ABOUT 6 PIP / GIVE OR TAKE A FEW
Resistance is futile
Don't trade what you think. Just what you see!!!
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