EURUSD Club - Get Your Trend Right

......well .......well.......i wonder if D1 is firing up with a downward trend ...................

.....long............

.......H1 divergence...........could be the bottom of H1 up cycle..............

....pip count well above 500 for the wk so far ...........
..... one way or the other ....... pips will be made ......... tik tok ........one needs to understand this yoyo game ....... thousands of screen time hrs........phew....

..... daily resistance at 1.2072.....seems important............to the H1 price cycle...........

........if one can master only one pair extreme edge turning points ....... you are in business.........correlation can dampen profits when mutiple pairs are traded simultaneously......... correlation is not fixed ...... changes all the time..........this pair is at the centre piece of forex game..........master this one........
..... though for trading during asian session ..... euraud seems to be a very good choice as eurusd goes to sleep whilst euraud wakes up with very good daily range......
......but don't trade them together....... again correlation..............

........ looks like euraud is turning up on H1 ...... more pips for asian session...........

Mona Doing Good Great

I love Candles Respecting the Fibo Lines and they dont Repaint also



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H4 downward trend seems to have build up ..............upper side should be limited due to this............

..........another limit entry overnight ...........right to the pip..................

.......caution to those traders who like to reverse more than not ...........D1 downward trend is picking up .........bias should be tweaked to selling ........until further notice ...............

..........looks like CD leg in the formation ...........on H1..........

......there may be room for a short on this current move..........sell the retracement ..........

.........price slowed down on lower TF ....... final thrust downwards possible to complete CD leg ....... followed by upward movement due to pattern formation ..............but upside again will be limited due to strong downtrend on H4........

.........this is the dangerous part of PA....... price can really drop and then comeback up..........to same level and above...........be flexible...........

.......one possible extreme scenario .......price can v-shape to & off 1.1922............

...another level scenario............1.1957............to buy off.............. stoplosses will not work here........in the V-shape probability ......

I have also my pending buy order near your setup which is around 1.1946 - 1.1955.
I think DXY still have some power to go up to 91.60 - 91.7 area..maybe some correction from there.

.....if one wants to wins against computors ......... one has to be flexible.......tactical .........tactical trade management pays well.........turn odds into yr favour......