EURUSD

this price action is sure bullish. Dont think the eur bulls are done!!

Untill we break 1.2550 at the arrow i am bearish but with caution , if we break it then break 1.2485 i will be fully bear .

Possible OsMA, MACD and Momentum hidden bullish divergence @ H1, and RSI @ H4

Maybe on a 1M chart.

I'm unsure ATM myself which way but on 5M on up to 1H the waves are overlapping which says to me corrective and a reversal of the bull trend from the June lows might be coming soon.

bearish flag? on 1h?

going short from @2644 TP:@2611
so far, so good...

There is indeed and it seems to be doin' its thang

so, mr. market, what will it be?? haven't got all day, you know!

a good sell signal on 30M - 5:00 , hmm... is it today or nextweek?

Approach to 1.2608 will get traders in a state of confusion is my guess.

Noting much is going to happen now. Got to wait until next week.

All right then...we'll see..

would like to take it down. EU, that is!

EUR/USD pair is still in downtrend in daily chart since Dec 2009. See attached pic...


2700 completes the top of the flag formation, which leaves for either:

1- The flg formation would indicate continuation of downtrend. We would have to wait and see the break of further supports (2600, 2550, 2480....). Lookhere for more shorts

2- In case the pair breaks 2700 and closes above it, we wouldlook for higher retracements, and it will be an indcation of trend and sentiment change. Look here for position changes and longs.....

Sloppy chart but you get the picture. Might not be a bad short opportunity at 2650ish if it gets there.

Hi bro
Thanks for reply my pm , Nice to see u back
R u long or short or flat?

after 2648 it will be a big spike to 2670. still holding my target of 2745.

OK... so far I have a HOD of 2722 with a'rd 4hrs to go in the Week and I hope everyone caught that Turn on the 15m chart. That was a classic technical stall... Gotta love those hard runups to a preplotted R level with the hard bounces following

((CLUE --> and worth dissecting in hindsight on lower TF's for the noobs,, you'll see this sort of thing again whenever the Breezes start to change ))

As i was asleep, my single long hit the trailer instead of the TP as it appears I was overly optimistic on the Bullish sentiment earlier last night but I honestly thought they'd ram this thing down our throats a little harder to the upside before the weekly Close in an effort to flush any remaining shorts trying to hide stops above the figure... and the xx20 psych level.

So i missed it by 8 pips to the high side... My bad... but being the permabear that I am, I'd rather overstimate bullish sentiment than underestimate it any day... healthier for my account.

This strong dump off the HOD will bear close watching at the Open next week. Should be fun, but be very careful...

5 pips of overshoot on the LOD to the downside past the M1 Support which was perfect for Pivot traders as it helps to ensure downside TP's getting hit rather than falling short a couple pips which can easily happen in low momentum PA. Bring it... I'd trade a TP getting hit for "being right" any day.

A nice Close to the week and I have domestic chores to do all day to keep mrs ak happy. Careful trades al, and Hang on to'em if you got 'em...

Slowing market.
Closed the rest.
Week's over.
Have a great weekend.

waiting for 1.2609 to cash in short position.