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  • #90,461
  • Jun 28, 2019 11:31am Jun 28, 2019 11:31am
Daily Outlook for Monday

This week was all about the built of a supportive 1.1350 level.. Next week and speaking for Monday only:

  1. Will 1.1350 (and also 1.1307 area) continue to support?
  2. Can bulls make it above 1.1408 at least or even above 1.1433?
  3. And for the whole week: Will my MOFU-Low theory work again and drag price down to 1.1225 area?

Next week we hopefully will get all the answers to these questions..

I am calling it a day and week.. Have a blissful weekend folks.. Hopefully we meet again on Monday

Stay Green

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Focus only on what truly matters!
  • #90,462
  • Jun 28, 2019 11:31am Jun 28, 2019 11:31am
Quoting coolmakina
{quote} Hi Wavegarrick, what do you see on monthly chart that makes it "uptrend"? IMHO still downtrend on MN.
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I am agree with Wavegarrick...
  • #90,463
  • Jun 28, 2019 11:34am Jun 28, 2019 11:34am
Quoting Wavegarrick
{quote} Coolmakina, I think you are misinterpreting my response to Online addict. The current month candle is bullish. I have edited my post. Cheers
Sorry.
No harm done...
keep sending your posts!
have a nice weekend
If you don't know how to earn money, don't loose it.
  • #90,464
  • Jun 28, 2019 11:35am Jun 28, 2019 11:35am
What a great trading week, impossible to not make money with so much movement /sarc
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  • #90,465
  • Jun 28, 2019 11:37am Jun 28, 2019 11:37am
Can we have some more Powell comments? or Trump tweeting something at the FED? just anything to get this market moving
  • #90,466
  • Jun 28, 2019 11:41am Jun 28, 2019 11:41am
Quoting nabiximols
what a great trading week, impossible to not make money with so much movement /sarc {image}
hmm..not really actualy its totally flat week
  • #90,467
  • Jun 28, 2019 11:46am Jun 28, 2019 11:46am
Quoting pridolfx
{quote} hmm..not really actualy its totally flat week
next week eur /usd 1.1250----80 . buy area
  • #90,468
  • Jun 28, 2019 11:46am Jun 28, 2019 11:46am
Now is drop time
Attached Image (click to enlarge)
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Telegram - Fxkent77gmail
  • #90,469
  • Jun 28, 2019 11:50am Jun 28, 2019 11:50am
Well as we speak. Nice drop
Trade to trade another day
  • #90,470
  • Jun 28, 2019 11:57am Jun 28, 2019 11:57am
Wow, come back from a nice run and see some nice pips
  • #90,471
  • Jun 28, 2019 11:57am Jun 28, 2019 11:57am
yes it is a nice drop.
too bad i've closed my shorts earlier...
If you don't know how to earn money, don't loose it.
  • #90,472
  • Jun 28, 2019 12:00pm Jun 28, 2019 12:00pm
Quoting sunilpawar
{quote} Sell Limit 1425 X/2 lots if it hits overnight Sell Limit 1450 X/2 lots if it hits by moday japan session No buy now
In my dreams....
The Phoenix Trader....
  • #90,473
  • Jun 28, 2019 12:06pm Jun 28, 2019 12:06pm
Quoting pridolfx
{quote} hmm..not really actualy its totally flat week
I know, i was just being sarcastic. It was an horrible week.
  • #90,474
  • Jun 28, 2019 12:24pm Jun 28, 2019 12:24pm
Sell limit at 1.13700
  • #90,475
  • Jun 28, 2019 12:30pm Jun 28, 2019 12:30pm
Already Closed all just waiting for one to be closed for fresh week .
Neither a Bro Nor a Pro I am I
  • #90,476
  • Jun 28, 2019 12:48pm Jun 28, 2019 12:48pm
Check out these possible Scenarios.
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  • #90,477
  • Jun 28, 2019 1:25pm Jun 28, 2019 1:25pm
I hope Ata reads this and replies. I later sold 1.1383 before heading out. Came in to see 1.135 was touched and bounced back again about 20 pips up. If this 1.135 holds today don't you think we see 1.145 area next week, maybe even Monday? This 1.135 keeps bouncing price forcefully.
  • #90,478
  • Jun 28, 2019 1:55pm Jun 28, 2019 1:55pm
Quoting Mitiblotch
I hope Ata reads this and replies. I later sold 1.1383 before heading out. Came in to see 1.135 was touched and bounced back again about 20 pips up. If this 1.135 holds today don't you think we see 1.145 area next week, maybe even Monday? This 1.135 keeps bouncing price forcefully.
You are right. Market has been bounced from 1.1350 repetitively for the last 4 days. But, why didn't the said bounce make any upward movement.
In the daily chart, Last weeks Euro moved for 4 days continuously. On this week, Monday, market made a Red daily candle, which went below 1.1350 and closed near 1.1368.

To get a strong move above 1.1370, there has to be very significant move (potentially a large tail) in 4hrs would give a lot of momentum for the bulls.
  • #90,479
  • Jun 28, 2019 2:07pm Jun 28, 2019 2:07pm
Sold 1.13746 on hitting VWAP (resistance) for a scalp
SL = 15p
TP = 1.1360
  • #90,480
  • Jun 28, 2019 2:32pm Jun 28, 2019 2:32pm
price should sweep the lows then go to 1.1450 next week
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