EURUSD

it did huge crazy before & so may to compensate to come to the ground first , others within logic so doing but comfortably !let gbpusd try for 1st confirmation to 2515 while eurusd test channel low 1.0989 for today perhaps ,

price/RSI11 div on H2 (2 hour chart). Will be building exposure on sell side into LO on Tuesday.
Target is 0955/0950.

DXY is strong, doesn't want to die without a fight.

one final push is possible (1040-1050) before death (0950/0955).

1.1100 no more target?

not likely this week, but it will come soon. maybe next week.
good things take time.

Price won't stay below 1000 for a long time, nothing changes.
but for daytraders you have to know the weekly/daily trend/move.

but now you think on before death (0950/0955).,but 2 days ago you says price will not drop below 1.1000 8 weeks

Tuesday ZEW data, which has been really below exceptional past few reads, see if there's any pump into data,
then we might get a decent dump after it comes in.

you need to do some study on forex options.
Heavy puts @ 1000 won't let price stay below that level for a long time.

2 things might trigger DX strength this week and cause EU to sink (temporarily) below 1000.

 

1. bad EU data
2. ugly outcome of US-China trade talks. Already signs of things falling apart hitting news wires

1. Failed to close above the 1.1055 Fibo, a 76.4% of 1.1109 to 1.0879 fall
2. So while the break above 1.1055 Fibo Fri was positive, the failure weighs
3. Thickening daily cloud, which spans 1.1050-1.1160 region, also hurts bulls
4. Note the tenkan and kijun lines remain negative aligned for now

it must touch at least todays high at 1.1042 once more

yes, I know that. Also after rejection in daily cloud price will re-test H4 ichi cloud near 0950-0960.
And then it's a great spot to load up on buy side.

Agreed. Same on my charts.

M30 right now. Target for bears is 0995-1000.

Ok guys, here is the last 11 days of merlin's line (output of my price prediction model of 10+ years)... The line that you had since 25JUL19 (since 06AUG19 in this very thread) and that has been locked on the chart since.. and reposted/zoomed many times since... With also detailed (daily, weekly) lines/predictions within it.. Check previous posts in this thread... Ok so here you have the the "zoomed in" last 11days of it... Use it well... It has been right since 25JUL19... so far Remember my ass then, maybe

Also check the quote (above, in the beginning of this post) and quotes before... you could have made 60+ PIPs just last week...

And some of previous posts....
(06AUG19, this, EURUSD thread) https://www.forexfactory.com/showthr...6#post12425296
and (same line reposted since, same line locked on fxtrade chart, retested, rechecked, pretty nominal since)...

1. https://www.forexfactory.com/showthr...3#post12436973
2. https://www.forexfactory.com/showthr...5#post12439885
3. https://www.forexfactory.com/showthr...4#post12441834
4. https://www.forexfactory.com/showthr...6#post12461166
5. https://www.forexfactory.com/showthr...6#post12462076
6. https://www.forexfactory.com/showthr...4#post12483794
7. https://www.forexfactory.com/showthr...7#post12488397
8. https://www.forexfactory.com/showthr...0#post12500060
9. https://www.forexfactory.com/showthr...1#post12502511

Also check this 3weeks in a row (more detailed signals) summary that were spot on, posted here!
https://www.forexfactory.com/showthr...5#post12473205

And this 100% per trade...
https://www.forexfactory.com/showthr...1#post12521781

Also check this 22JUN19-22SEP19 prediction, that was SPOT ON:
BEFORE (19JUN19): https://www.forexfactory.com/showthr...5#post12339295 or (this, EURUSD thread) https://www.forexfactory.com/showthr...7#post12339377
AFTER (20SEP19): https://www.forexfactory.com/showthr...4#post12515884 or (this ,EURUSD thread) https://www.forexfactory.com/showthr...6#post12515876

Sample of daily/weekly line:
BEFORE (16SEP19): https://www.forexfactory.com/showthr...5#post12506315
AFTER (17SEP19), posted in this EURUSD thread: https://www.forexfactory.com/showthr...6#post12508546

Just saying... Hope anyone recognising potential potential Assuming it was (might be right for the full 3months, on top of text prediction since 22JUN19), I hope you knew how to trade it, if not, I have some bad news for you... But still.. we can never be sure... should be prepare to flip the burgers Still, I 11days left when we should see if it was FULLY tradable, for full 3 months (graphic version)... meaning SELLS and BUYS (around it)... or just SELLS, to be on the safe side (in case it would drop too low, which seemed to be the case sometimes)... I am sure you know how to trade those, at least with very low leverage, if not, start flipping I am always ready for either scenario, hehe... Ok just made this post so that I do not have to search so much in 11+ days, if... Haven't found everything... Hope you liked it... If not, pass. And yeah, there won't be another line, at least not that long.. exposing myself for no reason and not even knowing if anyone got anything out of this...

Again, it is not just average or some extrapolation... It is very complex system behind it.. I do not even understand all (co)relations other than it seemed to be working, for good amount of time, so far... I gave you 3month overview, have posted some more detailed, daily (signals).. in other threads... TP20SL20, SINGLE STRIKE... etc... and elsewhere...

I might post on or after 25OCT19... if all goes well.. Otherwise you will see it for yourself... So till then, if... Take care people.

BTW... I use eurusd market also for reference/calibration of other markets (GOLD, OIL atm)... not necessarily for correlations but to see how good my price prediction model of 10+ years is doing at a given time.. since it has been used on it the most... Have been using it for WTI CRUDE OIL and GOLD currently.

H4 EURUSD update

1. EUR/USD up 1.1030-1.1041 (EBS) in Europe, session low 1.1014
2. Doubts about Brexit and U.S./China trade deal have grown today
3. Euro is least favoured of possible safer assets, JPY and CHF preferred
4. EUR/USD traders are short, getting shorter, but not too short
5. Current positions are 1/2 possibly 1/3 of what's required to impact a trend
6. Tough resistance @ 55-DMA 1.1053, thick daily Ichimoku cloud 1.1060-1.1090

buying 20 standard current price 1.1026
target 20 pips

seems a bad trade
out at 0