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  • #1,161,621
  • Dec 7, 2019 2:27am Dec 7, 2019 2:27am
Quoting fontu
a little pull back to correct up likely continue next week. so 1034/27 to 1132/55+range likely play , that is range up.take care {image} {image} {image}
If EURUSD makes this correction, I guess 1.1170 is more likely to be the target, as I see a clear double top on a daily chart. This level might attract a substantial selling power which may see the pair back down to 1.09xx area.

Just my opinion, not an advice.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,161,622
  • Edited 4:39am Dec 7, 2019 4:23am | Edited 4:39am
Quoting NotAtrader
{quote} If EURUSD makes this correction, I guess 1.1170 is more likely to be the target, as I see a clear double top on a daily chart. This level might attract a substantial selling power which may see the pair back down to 1.09xx area. Just my opinion, not an advice.
Hope so 1179 restest the d top and while correcting down from there it was supposed below 1.0989 to bounce present leg, also done perfect but it was spposed again towards 1.0940 to actual bounce. So functions of making tops to move whenever a chance, no good pa.
Weekly lost control 1073 sr but at least hold 1050 to move forwards next, so retest 1073/1116 for next sr 1132 to see. A weekly doji already present.
In this bear set up price should bounce more above this 1179 to at least 1250 towards 1400!so there are enough rooms play upside at least tripple top 1179 to see if any great failure.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,161,623
  • Dec 7, 2019 4:50am Dec 7, 2019 4:50am
Always take a short on R3 or Long on S3, it will pay off
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yes yes yes
  • #1,161,624
  • Dec 7, 2019 5:27am Dec 7, 2019 5:27am
Quoting olderekg
hypothesis1 when nfp is released price will head for another run of stops of those that went short at red line resistance. reversal might approximately be at institutional level 1.1120 before it is DUMPED! {image}
PATIENCE.
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At its best, change itself becomes a lifestyle.
  • #1,161,625
  • Edited 12:55am Dec 8, 2019 12:02am | Edited 12:55am
Quoting Moty
Always take a short on R3 or Long on S3, it will pay off {image} {image}
not bad this bollinger indicator , i never actually used to see price action but now apply to usdcad to see if ok or understand , seems easy to see market without much waste energy!even follow them blind in higher tf . lets see , if can use for intermediate/ swing term trades when no time to analyse or watch!

apply to eurusd chart to see as never cells !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,161,626
  • Dec 8, 2019 2:59pm Dec 8, 2019 2:59pm
Hello! I haven't been on this thread for months. There is an imperfect Bearish Shark in Progress on the 4h chart. What do you think?
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Risk Management is of utmost importance!
  • #1,161,627
  • Dec 8, 2019 3:49pm Dec 8, 2019 3:49pm
Quoting RCtrader
Hello! I haven't been on this thread for months. There is an imperfect Bearish Shark in Progress on the 4h chart. What do you think? {image}
Man, hi. What does this Shark formation imply???? A blast downwards...??? If so it fits with the $JY that looks ready for a blast upwards...

regards.
  • #1,161,628
  • Dec 8, 2019 4:44pm Dec 8, 2019 4:44pm
EURUSD is in a sideways mood but generally disposed southwards, indicating a slowdown of momentum. On the daily time frame, price action has broken out of a falling channel (red) and is presently operating within a falling wedge (blue). Last Friday, a bearish engulfing candlestick was printed at the wedge resistance trendline. We may see a bearish follow-through in the early part of this week. However, as presently price action is located at the 1.105480 horizontal support zone we may see a sideways of price action before a bearish continuation.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #1,161,629
  • Dec 8, 2019 5:00pm Dec 8, 2019 5:00pm
Quoting F.g
{quote} Man, hi. What does this Shark formation imply???? A blast downwards...??? If so it fits with the $JY that looks ready for a blast upwards... regards.
It actually has to move upwards 100-150 pips before it moves down again. But I am at 50/50 with whether it moves up or down.
Risk Management is of utmost importance!
  • #1,161,630
  • Dec 8, 2019 10:11pm Dec 8, 2019 10:11pm
Checking and following the immediate pa. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,161,631
  • Dec 8, 2019 10:30pm Dec 8, 2019 10:30pm
Maybe, EU in this week, can Down to 1.099X .
but if it over 1.106X, it can Up.
so that, if want selll, please, Stoploss 1.1070
price now: 1.1054
good luck!



picture source : https://langtufx.com/wp-content/uplo...U-Langtufx.jpg
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  • #1,161,632
  • Dec 8, 2019 10:32pm Dec 8, 2019 10:32pm
Nice, basically looking at the same thing myself.
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"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,161,633
  • Dec 8, 2019 11:51pm Dec 8, 2019 11:51pm
Quoting pridolfx
{quote} i was think you say today that payroll data will be very bad..
mistakes happen

good thing is it helped me fine tune my trading strategy
  • #1,161,634
  • Dec 8, 2019 11:54pm Dec 8, 2019 11:54pm
going long, target 1.10724 ; can touch 1.1076
  • #1,161,635
  • Dec 9, 2019 12:27am Dec 9, 2019 12:27am
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  • #1,161,636
  • Dec 9, 2019 3:56am Dec 9, 2019 3:56am
4¨55 Η=110.69 fttb... I exited longs and shorted here.....

  • #1,161,637
  • Dec 9, 2019 6:08am Dec 9, 2019 6:08am
hypothesis1
Liquidity = price magnet!
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At its best, change itself becomes a lifestyle.
  • #1,161,638
  • Dec 9, 2019 6:25am Dec 9, 2019 6:25am
Another sell here at 110.75 now......
  • #1,161,639
  • Dec 9, 2019 6:59am Dec 9, 2019 6:59am
Isn't it time to put on the bear's hat?
Gann Fan H2
Risk Management is of utmost importance!
  • #1,161,640
  • Dec 9, 2019 7:32am Dec 9, 2019 7:32am
Quoting RCtrader
Isn't it time to put on the bear's hat? Gann Fan H2
Yes, US Stock market opens, USD is finally get some bids, but not sure if sustainable to really push out EUR/USD and/or GBP/USD. Both EUR and GBP still have plenty of strength.
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