EURUSD a huge buy above 1.2736

EURUSD is huge buy above 1.2736. Target 1.3293.

May be considered countertrend

expecting no major moves today... we may see ranging friday ..price is still bullish as of now...

Hey DRT always good to see you around, Im progressing slow but steady.

For the month of Dec. that 1.3290-3300 area is an area of keen interest for me also.

Ill be watching the area of 1.2726-2737 with paticular interest to start the week off.

if she moves to the other end this month, the area 2022-31 would have my extra interest.

Before and if those areas are reached, Ill be watching PA with extra interest this week of areas

1.3066

1.2726-37

1.2410

Anyway before I get ahead of myself we have to open sunday and which ever way she goes I first need to get on the rght side of her, she will lead the way.
Just thought Id say hey.
take care

interesting.... it's been respecting the trend line with religious fervour so far, the neat row of wick action on the upside of the candles indicates serious price rejection when it hits the line... a clear break above will be another story... this trend line dates back to September

30M chart shows a lovely tweezer candle formation (good wick extension to the upside, one bullish, one bearish, candles side by side, bodies of candles finish in the same place, you can draw a straight line acrosss the top of the bodies through the wicks), this is a classic trend reversal pattern (i.e. in this case, going south, the most recent candle holds sway) with high reliability.... the 15M chart similarly confirms with a tri-tip formation, bearish engulfing with nice level wick action above. If you haven't trained yourself to look at and observe the wicks rather than the bodies of candles, this is a good chance to see it in action.

Something to watch on open. These tweezer candles appeared on the USDCHF daily on July 15/16 but in reverse. Take a look at what happened after that. Love tweezer candles and tri-tips on any time frame above 5M.

you may just have to change your moniker to up-river trader lol

Grinding up slowly, keeping eye on 1.2927 today. Above is good. Below may yield some downside. I am getting some down vibes from the pound too.

I am also seeing a break coming in the AD futures. Short term looks like a buy above 6508. Target 6636.

I am buying GBPUSD at current levels and looking for a retest of the 1.4804 area. A move above 1.9361.

Short term looking for a move back up thru 1.4777. Long above here to 1.4851.

Hello DRT,

When I first saw this I skipped over it with the usual yeah yeah yeah. But then I read your thread from last year, put aside my skepticism and before you know it, I'm head deep in market profile and psycho-cybernetics.

All interesting stuff and I'm glad you posted it. Shame about the disappearing charts mind!

I've obviously read about how you trade, but could you talk through your thoughts on the Euro and how you came to arrive at those levels? I can see 1.3293 is clear resistance, it's consolidating a lot at present and no longer creating lower-lows, but I can't see how you'd make the jump from that to any certainty of reaching 1.3293?

I am now fully long the pound. Added below 1.47

squared last nights sell @ 1.2815 .
buys in @ 1.2815 if it doesnt hold today Im taking profit on the beginning of the weeks b@ e/u 1.2740, however the goal was to build from 2740.

b-a/u @.6525
watching this close to see if it heads up like yesterday.
I sure would feel better if we can get above 6585 area if were going to go any higher.

Took profit on my pound trade at 1.48 for now.

Took profit on my pound trade for now at 1.48

squared on g/u.
Watching g/u 4819 area.
Should I be keeping anything in mind?
These were my areas of extra interest this week.
1.5428
1.4819
1.4359


Watching e/u 3007 area today, partials taken.
a/u partials taken


thanks for heads up on e/u, a/u and g/u.

Hello DRT
Nice to see u, Where have been long time didn't see post from u or u not posting at eur/usd thread?
My question How you knew above info?
Thanks

watching 2927 this evening also and using it for buys above and sells below. I am keeping in mind overall bias is up .

same with a/u 6596.

well done guys, you were right on the money!!!

e/u 3066 was hit, put some sells in for the moment and will see where it takes me.

Watching 3066 area to see if she climbs higher this week to hit the 2nd target.

DRT, the trades are going with the trend you started on. Is there anything one might consider with the g/u or a/u while we wait to see what takes place with the e/u?