EURUSD

No need for much talking . Have sold at 3 different positions BIG . I stay the course.

where do you think it will go? straight to 0.995 now? That's my bet anyway.

Yes man . .99 50 is a good destination, and a time consuming horizontal correction there.

Update:

Here's hoping the EUR/USD constipation is cured, and today's bowel movement turns into a full-blown dump and not simply a dry fart!

I’m all for getting below parity, which will come as Europe is in big trouble. However, based on the drop, RSI’s being low, I’ve gone long. Looking for quick scalp 120

Standard Chartered's target is at 0.98, i am positive that we can see those levels

100%. I’m banking on it, lots of news out next Tuesday to help get there

Bit much going on that chart aint there!

$DXY very bullish for foreseeable future I would say. Strong Uptrend to around the 109 big figure.

Europeans can hold their heads high as they freeze to death this winter in solidarity with Ukraine.

Better than sitting on China's lap for money i guess

Imagine being up so far up Putin's rear that you have to make such a comment.

How's it going wave fans? I been away how's everything going? Are we winning?

bears target expanding (this is normal market condition) ... the last bears target 0.862 ( but need much time (long term) to do it)

Attached Image (click to enlarge)

technically, EURUSD will inevitably be below the parity level.. but it will take time to adjust of course depending on the FED agreement with the ECB
.... tier 1 agreement

Attached Image (click to enlarge)

price movements based on needs, interests, supply and demand scenarios from tier 1 ...... monthly target of course is the price is below the 0.99519 level ... prices can be corrected for the sake of the price structure, there will be no reversal because the bearish target of 0.862 or more has not been achieved

It will be a quiet and narrow range today I guess. Scalping 10-20 pips seems would be more suitable. All we need that is signals.

but 80-95% retail will still have to lose for the sake of the food chain, therefore don't be emotional, greedy, greedy, etc ...
no one cares about you in trading ... lose and profit is up to yourself. ..(The MORE RETAIL PROFIT, THE MORE STRONG COMPETITION AND NOT GOOD FOR PROBABILITY)
the signal requires a large amount of money in order to be realized (RETAILS NEED LARGE BANK RETAILS TO GIVE SIGNAL BUY/SELL FOR 10/20 PIPS) 80% SIGNAL WILL TEND TO WRONG RELATIVELY WITH TIME IF NOT STRUGGLED WITH VERY BIG MONEY... 3 Trillion USD enters the EURUSD market per day (if a total of 10 T/per day of money enters the market) .... we cannot force the price to go and where ...unless you are tier 1 or tier 2

Attached Image (click to enlarge)

Attached Image (click to enlarge)

I am a new one in this industry. Don't scare me pls.
Have a good day

I might be on the lookout for a team of analysts.
Who would be interested in being part of the new wave institute.
Preferably with a background in Elliott wave.
Gonna need commodity, stock, metals, crypto teams...
Hey ho...

This is my signals, very simple. I build my system from scratch, idea, model, formula etc. It's very slow, one or two trades per day, (risk 0.5% of capital, 20 pips SL, RR 1:3), could bring 3-8% return per month automatically. It is still in testing period to prove its consistency. I also trying to eliminate fasle signals by myself to see if human + system can bring result better than system itself only.

For EU, I am expecting there will be a long signal in next 2-4 hours. The short signal earlier hit 60 pips as targeted.

A Five-Step Approach to the Market
The Wyckoff Method involves a five-step approach to stock selection and trade entry, which can be summarized as follows:
1. Determine the present position and probable future trend of the market. Is the market consolidating or trending? Does your analysis of market structure, supply and demand indicate the direction that is likely in the near future? This assessment should help you decide whether to be in the market at all and, if so, whether to take long or short positions. Use both bar charts and Point and Figure charts of the major market indices for Step 1.
2. Select stocks in harmony with the trend. In an uptrend, select stocks that are stronger than the market. For instance, look for stocks that demonstrate greater percentage increases than the market during rallies and smaller decreases during reactions. In a downtrend, do the reverse – choose stocks that are weaker than the market. If you are not sure about a specific issue, drop it and move on to the next one. Use bar charts of individual stocks to compare with those of the most relevant market index for Step 2.
3. Select stocks with a “cause” that equals or exceeds your minimum objective. A critical component of Wyckoff's trade selection and management was his unique method of identifying price targets using Point and Figure (P&F) projections for both long and short trades. In Wyckoff's fundamental law of “Cause and Effect,” the horizontal P&F count within a trading range represents the cause, while the subsequent price movement represents the effect. Therefore, if you are planning to take long positions, choose stocks that are under accumulation or re-accumulation and have built a sufficient cause to satisfy your objective. Step 3 relies on the use of Point and Figure charts of individual stocks.
4. Determine the stocks' readiness to move. Apply the nine tests for buying or for selling (described below). For instance, in a trading range after a prolonged rally, does the evidence from the nine selling tests suggest that significant supply is entering the market and that a short position may be warranted? Or in an apparent accumulation trading range, do the nine buying tests indicate that supply has been successfully absorbed, as evidenced further by a low-volume spring and an even lower-volume test of that spring? Use bar charts and Point and Figure charts of individual stocks for Step 4.
5. Time your commitment with a turn in the stock market index. Three-quarters or more of individual issues move in harmony with the general market, so you improve the odds of a successful trade by having the power of the overall market behind it. Specific Wyckoff principles help you anticipate potential market turns, including a change of character of price action (such as the largest down-bar on the highest volume after a long uptrend), as well as manifestations of Wyckoff's three laws (see below). Put your stop-loss in place and then trail it, as appropriate, until you close out the position. Use bar and Point and Figure charts for Step 5.

https://school.stockcharts.com/doku....wyckoff_method

I don't believe/used trading sistem without basis of methodology.
I believe SMART MONEY STILL USED MARKET THEORY ; DOW THEORY, ELLIOT WAVE, GANN, WYCKOFF, M W PATTERN MERRIL


Based on an understanding of market theory, build a trading system and trading strategy ... All indicators are only as tools
Logic: How do we understand the system trading/strategy if we cannot understand/read the chart


So whatever actions in the market must be based on an understanding of the market psychology .... although not always will be true ... at least we have a reason/basis (not because it is only the basis of indicator indicators) to take action

HOW YOU CAN BUY IN STRONG DOWN TREND ????
The trend is your friend, as long as you appreciate the trend that is taking place and stops following the trend when the trend turns (sideways market)
DON'T USE HOPE TECHNIQUES ... FOLLOW THE TREND AND PSYCHOLOGY OF THE MARKET (BECAUSE YOU ALREADY HAVE THE BASIC TO ANALYZE AND SEE ALL THAT HAPPEN) AND OF course YOU MUST HAVE A TRADING PLAN TO TRADE ... YOU REACT QUICKLY AND RIGHT WHEN YOU SEE GOOD OPPURTUNITY ... REACT QUICKLY AND RIGHT WHEN PRICES DO NOT COMPATIBLE WITH THE ANALYSIS AND ACTIONS THAT YOU ARE TAKING (YOU HAVE MADE A MISTAKE)