EURUSD

Oup with 22 pips profit.
Now waiting for the retracement.
Took a little short

stopped out of this, better luck next time. Might re-enter later, not today, obviously.

Dragi voice had tremendous effect on euro as it fell 20 few points out of my expected range.


It wobbled 20 or 30 pips, looks like a reverse symmetrical triangle bullish. Came very close to my sl. I went to town shopping, post office.., come back and see it wobbled lower 20 points on news. I didn't think to say +261% core extension of the last wave down was at 11095 but it broke up out of the starting point first I had dismissed it. The first mad spike and the bottom wobbled out of rance 20/30. Then last spike down dipped outside the wave of one higher degree for ten news wobbling minutes with no closes in time frame above 1m to 10m, I stand corrected on that point. The whole news wobble an abcde expanding reverse symmetrical triangle..

If it drops to new low I'll be sure I'm dead wrong.
Buy 1125 pushing on 1180 as expected, no significant effect from news other than 20/30 pip spikes.

Maybe you are right.
I took short

Sorry! Since there isn't much bear trapped(meaning everybody want bull), zero-sum game, but the trend is strong, so a reasonable result will be a ranging up

Do you think 'what people do on a given day has an effect on price?' when catalogued price patterns play out in perfect repeating geometry over weeks and months?

Next debate before next news, prove me wrong.

Do you believe the price rose because more people bought it than sold it today? or because a wave that goes down just ended in the last three days and the next wave in the sequence goes up by it's own set laws?

Wow ,in the end it went up to weekly s1.
Now be a good boy and come down to give weekly s2 a big kiss

None. Its just mathematics with another dimension "time". so price can be held but time will square at a slowly or rapid velocity. Could depend on sentiment "the holding" Your concept is right. Natural law governs the universe

I Caught that short in the end.
Now waiting for 50% retracement

Keep shorting

Don't buy this shit.

Target 1.10

Switch to long

very treacherous setup on H4, don't short it yet. lacks clarity.

I doubt that the god damn manipulators will produce more clarity until Fed, and so the most likely outcome next few days
is that we float in this BS range (1100-1200).

Those suckers strive by trapping most traders in BS range and then producing a huge move that will last probably 60-90 seconds max.

also check out this symm trn on H4 GBPUSD. Break out pending any day, could be Friday this week.
200+ point move incoming, buckle up!v

Day end and checking chart in comfort. Spikes up and down at a great low, respected still limit up for down 1192/99 and still can play lows one more leg in ranges perhaps.anyway reach tripple bottom. And will long only as before. Take care

Hello Traders, it seems EU has posted its low and DIVERGENCE is very important on 4hr graph. Now cross of 5EMA with Middle BB and cross of MACD is
required in 4hr graph for long position. This is pure technical and no news consideration.

Good analysis there mate. The W1 tf shows that we are at only a significant horizontal support area but there is still a lot of room for a southward operation. Of course, we can always expect a northward retracement of price action along the way.

Trade safe.

KP

d1