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EURUSD only

  • #149,261
  • May 23, 2022 3:20pm May 23, 2022 3:20pm
Inserted Video
Drawdown is more important than Account Size !
  • #149,262
  • May 23, 2022 3:42pm May 23, 2022 3:42pm
Quoting fxpipper
{quote} I think I’m guilty of saying it one time, very early in the month. It might still get down there. I’m not 100% convinced that we’ve seen a legit reversal yet, but I have no problem buying it up as it goes. My intermediate upside target is around 0760, as that’s the top end of the weekly imbalance. Wish I could post the chart but I’m typing this from my phone. Perhaps later. EDIT - chart attached. We've filled 50% of the weekly imbalance so far. A little more to go. What happens next? Well I do have a pending...
I never believed or bought the idea that parity is on the table. There are just too many dynamics around the EUR/USD to take it to parity. - Not going to happen as far as I'm concerned.
  • #149,263
  • May 23, 2022 4:02pm May 23, 2022 4:02pm
Quoting kalahari
{quote} I never believed or bought the idea that parity is on the table. There are just too many dynamics around the EUR/USD to take it to parity. - Not going to happen as far as I'm concerned.
Any specific dynamics you would care to share?
  • #149,264
  • May 23, 2022 8:35pm May 23, 2022 8:35pm
Quoting fxsport
{quote} Wait till prices pierce 1.07 and spike because of all the stops there.... Sells placed at 1.0710 up to 1.0730 with a target of 1.0640ish...
Well that spike didn't get high enough to trigger my sells so I went short at 1.0675 (trying a 2-min scalp system) TP 1.0660
...because you never know - until you do!
  • #149,265
  • May 23, 2022 10:57pm May 23, 2022 10:57pm
Quoting magentfx
{quote} Will wait longer still army in action. {image}
Bloodshed everywhere for now both are strong.Bulls vs Bears. I will wait for it to hit my TP
Attached Image (click to enlarge)
Click to Enlarge Name: ea.png Size: 4 KB
Avoid what is Strong,Strike at what is Weak
  • #149,266
  • May 23, 2022 11:21pm May 23, 2022 11:21pm
Quoting magentfx
{quote} Bloodshed everywhere for now both are strong.Bulls vs Bears. I will wait for it to hit my TP {image}

im in for a sell now looking for it to hit 1.06190 at lease
  • #149,267
  • May 23, 2022 11:43pm May 23, 2022 11:43pm
Im shorting till the demand zone where a 38.2 fib level is at. It has had a very orderly uptrend respecting all fib levels on its pullbacks. When price has tapped into the prequency line we have seen nice reactions. I used an extrapolated mirror line to pinpoint approximately where price should be reversing. Let's wait for the tonight's fundamentals. I officially believe we're bullish boys.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2022-05-23_23-37-51.png Size: 42 KB
  • #149,268
  • May 24, 2022 12:32am May 24, 2022 12:32am
Quoting Mitiblotch
Qaiting for a break down. {image}
Closed all in profit at the number of the beast, 1.0666
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20220524-063000_MetaTrader 5.jpg Size: 285 KB
  • #149,269
  • May 24, 2022 12:32am May 24, 2022 12:32am
Based on daily chart, next, we should have a corrective wave B either after one last bullish rally or without it..

Nearest bull target sits around 1.0745..

Nearest bear target sits around 1.0533..

Happy trading day to all
Focus only on what truly matters!
  • #149,270
  • May 24, 2022 12:50am May 24, 2022 12:50am
Multiple peak-outs on VSA suggested I should try a short, so here I am.

TRADE SAFE!
Attached Image (click to enlarge)
Click to Enlarge Name: EU_US.jpg Size: 94 KB
Meditate -> Workout -> Good Food = Good Life!
  • #149,271
  • May 24, 2022 12:53am May 24, 2022 12:53am
Quoting McNuggettt
{quote} im in for a sell now looking for it to hit 1.06190 at lease
i have been holding since yesterday.my target is another 40 pips from current level. Will wait and see how it moves
Avoid what is Strong,Strike at what is Weak
  • #149,272
  • May 24, 2022 1:14am May 24, 2022 1:14am
Quoting Ata-Turkoglu
Based on daily chart, next, we should have a corrective wave B either after one last bullish rally or without it.. Nearest bull target sits around 1.0745.. Nearest bear target sits around 1.0533.. Happy trading day to all
signal levels early 0643/0635 even intact , looks 0707 to 0641/35 play to up and let her correct more towards maximum 0614 to bull continue to 756 & breaks towards 0805 as wave' a'/ or bear set up "b " and may even try for this reversal signal breaks to target 0935 if . lets see
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #149,273
  • Edited 1:40am May 24, 2022 1:18am | Edited 1:40am
Quoting fontu
{quote} signal levels early 0643/0635 even intact , and let her correct more towards maximum 0614 to bull continue to 756 & breaks towards 0805 as wave' a'/ or bear set up "b " and may even try for this reversal signal breaks to target 0935 if . lets see {image}
Imho, as long as price can't touch 1.0806, yours or similar scenarios with a higher completing wave-A are all valid... Let's see how it goes after more German data comes out..

*If 1.0710/1.0768 area can resist, we should see a revisit to 1.0573-1.0620 area..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D1.png Size: 15 KB
Focus only on what truly matters!
  • #149,274
  • May 24, 2022 1:51am May 24, 2022 1:51am
@littlefx I want to know,how do I get to label my chart like this as you wrote numbers on your chart I have tried to do that on my chart but have not gotten it for once,help me
  • #149,275
  • May 24, 2022 1:59am May 24, 2022 1:59am
Quoting Ata-Turkoglu
{quote} Imho, as long as price can't touch 1.0806, yours or similar scenarios with a higher completing wave-A are all valid... Let's see how it goes after more German data comes out.. *If 1.0710/1.0768 area can resist, we should see a revisit to 1.0573-1.0620 area.. {image}
so seeing old chart , 0805 is the last option either to bear continue or reversal over previous 4 , 1494. still not on this option , leiky tank below 0805 , probable level after breaks 0746 old limit , not over be 0780.parity intention very solid still below 0805 limit now or later after 1494 + . lets see
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 14 KB
Click to Enlarge Name: EURUSDWeekly.png Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #149,276
  • May 24, 2022 2:32am May 24, 2022 2:32am
Quoting fxsport
{quote} Wait till prices pierce 1.07 and spike because of all the stops there.... Sells placed at 1.0710 up to 1.0730 with a target of 1.0640ish...
I have sell order at 1.0750.

Trend is still down.

Stay green
  • #149,277
  • May 24, 2022 2:32am May 24, 2022 2:32am
Just another day with Zeee German's are coming effect..

Was this only wave A? or was it actually the whole wave ABC correction? Time will tell..
Focus only on what truly matters!
  • #149,278
  • May 24, 2022 2:44am May 24, 2022 2:44am
EU interest rates are going to rise in July. I doubt we are going down (overall trend i mean)
  • #149,279
  • May 24, 2022 2:45am May 24, 2022 2:45am
Quoting 3Davy
{quote} I have sell order at 1.0750. Trend is still down. Stay green
“ECB'S PRESIDENT LAGARDE: WE ARE CLEARLY NOW AT A TURNING POINT.“

just be careful
  • #149,280
  • May 24, 2022 3:13am May 24, 2022 3:13am
Sell limit @1.0765

Sl 30

Tp 1.0650.

This is based on Daily.
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