EURUSD

here

Still effectively making Lower highs since high of yesterday.

Thank you! I thought I was the only one . I don't see the head and shoulders neither. Unless it's a reversed one, but still I don t think so

Weekly gap on Dow want's filling around 10329. If I gave it more attention I would have saved myself the margin call. Not nearly as obvious is SP at around 1108.70.

No sweat, my Margin call cost me what some put down as 2% risk. Next week I start rebuilding my empire on the 1M chart.

just one day of many..142435 fat lady is on the stage..

any thought on next week?

coz i am planning to keep open my short position

hanging man

I'll leave open my shorts, sure the daily candles are waiting for a retrace at least at 1,45 then maybe will go up again for the last wave pointing at 1,51. After that the big fall is very welcome.

thanx ok lets sail in same boat

concur.

Aforementioned gap, and break of weekly down slope.

Gap also coincides with a 50% retrace from the top to bottom.

many people are unsure.. if those oil contracts close tuesday in the red. we might get a oil sell off..and if that candle is correct. into tuesday hmmmmmmmmm

nap time .. good luck with if...

May be this hanging man will work.good finding Ali .
fontu

Closed out my remaining short.
Good day, but expected better. Have a good w/end all.

we are closing above next week pivot. could be bullish monday. very good week. have a good weekend everybody.

So am I. Look at the daily, nice reverse pattern forming!!

My broker has just closed, so good week-end every one.
See you next week.
Bye, Massimo

yesh yesh yesh hope for the best

Looking at the daily formation it's a beautiful hanging man formation that didn't even test previous day highs, took out yesterdays low, and closed below the close of two days ago/open of previous day.

For continued bearish move I'd look for a retest of high of today and a long bear closing potentially below the 10ema (white line).

Have a good weekend guys.

I do not post in this forum as I HATE euro with a passion. It is the hardest pair to trade . I think GJ (this and gu are the pairs I trade) is easier and they call it the beast lol

anyway here is my take on euro

we are at a very critical level on the weekly charts. EURO has been very strong. This may have something to do with the perception that a euro based currency will reapolce the usd as an international base currency.

Here is the weekly chart... really no sign of slowing down other than the hangman on the daily today that some spoke about ( chart 1)

2nd chart euro futures dialy. form this we see bearish volume divergence and for those into elliot wave ( I will have to check the wave count on advanbced GET later) we are close to the end of a 5 wave count , but rsx is still up

now to the really interesting chart (chart 3)....the dollar index. For those of you that know me and my postings volume spread analysis is my thing. This week ended on a high volume narrow spread bar on the DX . This is a sign of strength ....not ONLY that but on a weekly on DX we have just ended with a vsa signal of strength on a potential end of wave 5 ....

and this could be turning point for the euro.