EURUSD

it is not necessary at all, you can stay out of the market this week due to event risks, ECB decision and NFP report

WTF, you said euro will crash after Powell's speech and it went up.

Then I can bet any number and come back 10 years later saying "I told you so".

I agree with the other part...but euro can check even a lower number tomorrow, before going up, it doesn't have to, but even 1150-70 is fine with me, before 1390.

Although, I've suggested in my former posts since 3 days ago (and even yesterday) about the trend of this pair and also said the dominant trend is down but do not assume about this down trend for going down and below 1.10 it doesn't get enough momentum or energy to really break support levels I've mentioned before. Bankers and big shots haven't manipulated for changing direction up to now It's too soon.

Well yeah, depending on the strategy and investor, that info would not be that bad, if you can somehow proove it was not just a coin-flip
But some price-prediction never reach, not even in 10years... Some prediction do come through but it takes years even. For example, there was one very big FX fund, very impressive insights, they predicted the price very good, it did happen, the problem was that central banks intervened and massively delayed the process for much longer than the fund expected so it went BUST, after many many years. But the model was spot on, you just can not compete with TRILLIONS, no matter the market. I do take your point however, it was an extreme example though I have a thing with my model that there seem to be delay up to few weeks when there are events etc... The longer it takes, the harder it is to connect of course. Ideal would be if someone would say TP (buy/sell) and it would happen in 5m... without going 0.1PIP in opposite direction and repeat this many times over

So to sum up, if you can prove you made certain prediction YEARS back and they did came through.. specially in order, please let me know, I might look further if there might be a price prediction potential there

I will give you another example... When I started (tried) trading, 10years ago, I started with TP20... and TP200... (yeah, didnt know how big that was at the time and also market semed to be much more liquid/volatile...). So I made TP predictions/trades... and was disappointed... untill I realised that it does happen, in sequence... just with an offset of few days... After realising this, I started trading more seriously...

And also, my "price prediction model" seem to have delays, few days to weeks (not recently), but days are bad enough for good daytrading That is why I always check if it would happen ever, how fast, how much in counter before that... It gives me some insights.. I also have some other parameters that I watch for.. that I won't discuss here since they are unheard of (not to be secretive), because some would consider them useless, but I use it just to check the quality of my model and to try to eliminate the chance/luck factor. And also, there is one other output.. WHEN it has delays, it ussualy means that there is something heavy going on... Massive anomalies, big long-term trend change (rare) and/or the price will hit (with an overdrive) after it comes in line. The later is no satisfaction because the delay is not good in itself, the other thing is, if the price go too far, there is rebound/retracement etc.. have to wait to normalise.. I prefer slower changes per day

P.S. I placed 1.1155 in some of the previous posts here... The number that model calculated... Still didn't come through.. Still waiting. Just saying that you can argue that it was an error, but if it would hit within reasonable time, few weeks for example, I would not disregard it as useless output, but would classify it as potentially correct, just delated... And I made A LOT of those kinds... I think that I might (over)test the model instead of just trading, but counting the (possible) delays in.
I divide trades by PRICE (if/when/would hit), how TIGHT (how much it went COUNTER before it hit) and of course what everyone else is looking here, overall RETURN (DD, volume, timeframe etc.). I just do not dismiss the trade/prediction by default, if there is no PROFIT, might be potentially profitable with different parameters, this can be seen/tested over many trades/time... for example... So again, maybe MrPresident DID predict it WELL, just had a slight delay, who can blame it, today there were massive anomalies, I think many agree on that (just the direction varies We will see in his future prediction, IF it happens, WHEn... and maybe trade accordingly

Nice dive off 1.13. It's going to be interesting how this goes until year end with so much euro and us news

In addition to previous post I might add that.. if you can REALLY predict price even for few years in advance..
or be lucky... to predict it.. This would be considered gold, specially if is is some (local) maximum/minimum, because
that would be gold for banks etc.. because if for example... you could predict EURUSD to reach 1.10... when it was 1.58+ about 10years ago..
Do you know how valuable that info would really be? It would mean, if you would trade WITHOUT leverage.... SELLING... then NO MATTER when you would place the order, you would be eventually rescued by the TREND Would you believe if some people did predict this? Of course they were laughed, noone could believe that was possible at the time, you can not imagine, if you are a new trader... what 1.10 seemed 10years ago... SCI-FI.. The same that would 0.82 be impossible now
Would that number be of any use now to any of you, if true, how would you monetise it, with options?

But of course, this number/prediction was almost totaly useless for certain type of trading, daytrading, superleveraged trades etc...
When shorting you would also earn swaps, just one bonus... And it is not only about return it is about purchasing power preservation etc...

Just saying that as long as you have ANYthing (any edge: price prediction, trend evaluating, risk management)... you can adapt trading around it or sell it to someone who might value it... That is why I divide trades/info to components, sometimes, not often, just sometimes, you can find something; that at least works for some time, which might be enough if you exploit it (before it doesn't) anymore.

TP Hit

Just put some pending orders to see how many of them will be activated.

reports of mixed red and green usd, tapping triangles on the graph, is there a chance for the state to manipulate those numbers ??

eursd grafc

h1

Inflation - Value of money half ever 10 years.... Your maths does not add up.... Need Leverage....As currency don't move that much in a short space of time!!!

So target may be next time and correcting towards 1189/79 limits having best levels of reaction just below 1225 /1200. So may ready with pendings. Usdx more correction try limit up for down.
Still in holidays mode!

Lovely! ...no trend! Broadening Wedge pattern ?

6. June 2019 LIVE Market Preview (EuroDollar) by Holdemtrader https://www.youtube.com/channel/UCKH...8soI3WMGw/live via @YouTube

May be, if so again bearish to the next limit down 1215 for any big up to catch 1447 3rd confirmation through 1371 resistance. So watching the next generation limit now if breaks or hold this time without other limits assuming the last leg up not over yet. In both scenerios ranges down to minimum to little before best try UP next targets 2nd confirmation ++ or 3rd confirmation. Lets see.

Nice! Very elaborate.
No idea here. I call ECB conference a gamble for any technical analysis.
Well, I try to refrain from gamble.
Good luck for the brave!

To 1.125?

The Ecb people know as amost perfect in and out of all sorts of analyses and how to tackle or set traps here and there! Let them do the gamble! We can just risk/pay own money first to try get the refund and little bonus if ever possible with only best analysis or strategies. So no long term success in gambling be ever possible in forex. But off and on if can fast change the mind setups ok too. So many times passively enter the gambling phases for sure and losing monies.
Anyway looking for 1243/52breaks up to top and more as per your expanding wedge then,or back to 1215 again rest from those levels.
Take care

Maybe... 1.1250 nice place to sell
..because the bets are on a dovish Draghi, so bears need bulls' accumulation to hack I guess

Well, I am not trying to blame conspiration for unpredictable market moves... I don't think the EUR/USD is moving only to please the ECB "people"
Good luck, whatever your gamble is! 50% is a good rate!

Ea support that