#EURUSD / Daily & H4 / Bullish Idea 
- #1,159,822
- Edited 6:58am Sep 13, 2019 6:46am | Edited 6:58am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #1,159,823
- Sep 13, 2019 10:08am Sep 13, 2019 10:08am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #1,159,824
- Edited 5:10pm Sep 13, 2019 4:58pm | Edited 5:10pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} Quck update.. it is my belief (check all of my previous posts.. in this thread if not elsewhere also...)... that either the price will rebound to merlins line within a week or we are going to PARITY... Remember the critical point, 31OCT19... Till then, I would like to have the (down)trendsurfing spree.. I admit that I am somewhat uncertain atm.. not about the DIRECTION... which I believe it to be downtrend till 31OCT19 (at which point, new model output will be plotted, have a brief/draft of it already), but about if it would REBOUND to merlins...
{quote} Some AFTER picture of the picture in above thread... 50PIP+ potential.. if anyone traded towards the merlins line (violet line) :I I guess many would prefer a little more complicated charts, like ZOO or something... I prefer it clean... However... I will give the the market ONE more week, benefit of the doubt.. to return to merlins line.. otherwise hammer it down... party till parity... remember the 31OCT19 boys, end of merlins line, one way or the other... But you will have to figure it out yourself... I will disconect from eurusd talk...
{quote} Here, some AFTER AFTER picture... It seems it almost touched the merlins line (the violet - and not, it is not just some average... even if might appear as one, by coincidence... it is the output of my model of 10years (by coincidence it looks like average/extrapolation to some, but this is pure coincidence)... and it says that the price will either rebound to it or we go to parity... check my previous posts... it seems it will touch.. unless the red-news tomorrow F-up this (again)... we might touch/pass the line.. meaning ripe for shorting again, after it does.. if it doesn't... shorting also, just harder, hehe...
Hope...
Ok, nice, as predicted, price did rebound to merlins line... just barely touched it, which is rather impressive... So it looks line the trend will follow the merlins line (violet line- output of price prediction model of 10 years.. that has been published here since 25JUL, and reposted many many times... as update)... Hope the price will swing a little around the line so we can profit from the prediction... But just out of precaution, haven't completely eliminated parity (yet, will confirm/reject in the next week) will be just on the SHORT side... in case it goes to deep.. And yeah, as always... if I'm right, don't fall into bulltraps since some gurus are in euphoria now that "buying the deeps" got some redemption, temporary
Also be aware if anyone is trading without SL.. meaning exposing 100+pips to get even few pips... the probability to hit TP increases dramatically (for certain trade, not in overall trade picture).. but when the SL does hit... you are almost wiped or radically reduced...Similar to martingale.. it works for some time before you get wiped and quit
But do what you think/feel best, just to timestamp Also not much of the merlins line yet... about 1.5month, use it wisely.. If you don't know how to profit from it... I mean... If believed to be true... just sell when above the line? For the rest, look the profit/harvest strategies, somewhere
Take care people, just made a quick aftermath... and timestamp... Might report in the mid of Dec when I will most probably stop trading for the year
We still have epic 3 months ahead of us... for half of that you have merlins line... since 25JUL it has been working great, and was modelled before some of the main events, think about it..Ok diz it... only positive comments welcome since my time for this thread is extremely limited right now... and also I expose myself to some negativity in the times when full focus is needed.. But would glad to "help" someone, quickly.. can PM me also, tnx...
Check all the rest of my posts in this thread and other.. and compare predictions to real market (and do similar with "gurus")... I also have some sample TEs... Be sure to check the comments for my longest TE... with 200%+ return was is appeared much lower because transfers counted as deposits... You have all you need should you want it... and should be useful, if the model holds
P.S. Should the merlins line hold till end of OCT.. I might have a clue of the next trend... that might be different or more detailed than simple line but will post it, maybe, only in fractions, like for max week in advance, not the 3m+ like this one
Also might open new thread just for my subscribers/buddies.. to get some additional info...Till then/later, if all goes well...
DISCLAIMER of the pics/line: As said many times, the merlins line (violet line) is locked on the chart since 25JUL19 (the ones that use fxtrade will understand) and I am only making snapshots of different timeframes, zooms... since! I hope anyone finds this impressive... BTW.. that is why I have been posting it so freely, since I take it not many got what is actually being posted IN ADVANCE.
By the time some others do also, might be too late, but I love to have it timestamped You won't believe how much is behind that "simple" line.. And it is no bullshit... Clearest possible prediction I believe... I also posted some smaller timeframe daily/weekly trend now and then... The "events" did cause to deviate from line, for some time.. but this was also opportunity for TP20SL20 and SINGLE strike (threads)... Ok... 
Can you afford to take that chance?
- #1,159,827
- Edited 1:23pm Sep 14, 2019 10:54am | Edited 1:23pm
- Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #1,159,828
- Sep 15, 2019 12:14am Sep 15, 2019 12:14am
- Joined Apr 2019 | Status: Trader | 3,132 Posts
#EURUSD / Weekly & Daily / Two Ideas 
- #1,159,829
- Sep 15, 2019 5:18am Sep 15, 2019 5:18am
- | Membership Revoked | Joined Sep 2019 | 16 Posts
- #1,159,830
- Sep 15, 2019 9:07am Sep 15, 2019 9:07am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} Nice Auric. with you on the prediction (using other methods though). appreciate your updates! Keep it up!
I think we might see some (up) after-burn form the last week's release... and also... there is now talk about FED rate cut... Either-way.. to sum up...
I think the price might go some up above the merlins line this week, which is great, because I much prefer the SELLING... just in case the drop is or would be to severe and I also like to earn the swaps (when shorting)... So to sum up... the higher it is above the merlins line, the more confident I am to sell
Would prefer it to be not much above or below for that matter.. Ideal would be for it to swing around the line, so we can make profit many times But just in case.. would prefer to trade just the shorts, meaning shorting when price is ABOVE Snapshot of merlins line (locked on chart since 25JUL19) for the week ahead...P.S. As you saw in the past.. since 25JUL19 (when merlins line was posted).. or since 19JUN19 (as text prediction) the price can deviate temporary.. but so far, the merlins line has been an excellent reference point around which you could make buy/sell profits! Even if you didn't know/check anything else and were not overleveraged... you could have made good profit... For tighter leverage.. the problem was with central banks interventions and speculation and (over)reaction that followed... Still about 1.5month of the line left.. Based on it's success... I have a clue for 31OCT19-15DEC19... but will hold it for now... need for this to roll out first (till 31OCT19)...
Can you afford to take that chance?
- #1,159,831
- Sep 15, 2019 10:15am Sep 15, 2019 10:15am
- | Joined Apr 2019 | Status: Trader | 75 Posts
plenty of resistance at around 1120 and support at 1090... Do you think it will go back to around 1055 ? 
- #1,159,833
- Sep 15, 2019 10:53am Sep 15, 2019 10:53am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
- #1,159,834
- Sep 15, 2019 11:10am Sep 15, 2019 11:10am
- | Joined Jul 2019 | Status: Trader | 26 Posts
And we back down to 1089,no way I catch a gap
- #1,159,835
- Sep 15, 2019 1:50pm Sep 15, 2019 1:50pm
- Joined Dec 2015 | Status: Trader | 8,767 Posts
Are you tracking the EURUSD this week? Consider this technical perspective.
On the daily time frame, a bottoming candlestick pattern has been printed by recent price action at the support trendline of the falling wedge (blue) seen on the weekly time frame. This suggests bullish intent for further northward move. But the immediate horizontal resistance is located at the 1.11370 area.; which is less than 40 pips from current location of price action. So, we should wait. Besides, we should be mindful that most of the recent candlesticks printed also have upper shadows – indicating bearish influence – and a minor falling trendline (black) could be a barrier to a bullish drive. At any rate, technicals support sell trades from a bearish setup upon a northward move of price action to an area of value.
I may be wrong. Trade safe and prosper.
KP
On the daily time frame, a bottoming candlestick pattern has been printed by recent price action at the support trendline of the falling wedge (blue) seen on the weekly time frame. This suggests bullish intent for further northward move. But the immediate horizontal resistance is located at the 1.11370 area.; which is less than 40 pips from current location of price action. So, we should wait. Besides, we should be mindful that most of the recent candlesticks printed also have upper shadows – indicating bearish influence – and a minor falling trendline (black) could be a barrier to a bullish drive. At any rate, technicals support sell trades from a bearish setup upon a northward move of price action to an area of value.
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
- #1,159,836
- Sep 15, 2019 4:12pm Sep 15, 2019 4:12pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
Anyone hungry for free lunch of 10PIPs?
Can you afford to take that chance?
- #1,159,839
- Sep 15, 2019 11:10pm Sep 15, 2019 11:10pm
gone for a small short trade... though in long term it is up trend
