Price is everything

eurusd screwing around this uptrendline, still not broken yet, add usdchf at supply level and there u go, could be a picture for next week - nice swings:

ahhhh i hate spiders : P

actually, l CAN'T handle spiders, awh man

now l am going to have nightmares


....... hey, thanks for those comments tr@der .......... really touched a nerve



your friend Red

demand zone identifed on 4hr

Tarantula only <3


Nightmares are no more.....Tarantula is ur friend too.

And I always speak(write) what I think.

Ur friend T@

Thanks for spotting it thou

kaboom




out

waiting game

long kiwi @ 0.75024

keep well all

the usdnok





the usddkk








will be watching for signs of dollar weakness this coming week

Hi Red....you think break or bounce....I don't understand (and have never looked at) Gartley.
Cheers
CanuckCT

Good Morning

Look forward to getting busy this week.

Switching my account from interbank fx to oanda. E/U spreads between 2-3 for interbank fx and around .9 to 1.1 for oanda.

with the confluences l have just posted - its likely to go north






look what is near where you have drawn the uptrendline, not be dismissed because its 5min tf, its as clear as it can be - instutional orderflow has no specfic tf - enguilfing represents the OTHERSIDE TAKEN regardless of tf and it just so happens its most oblivious on the 5min tf



...... what l think really doesn't matter, its the PA within this zone that mattters


the gartley is not too important, just happened to be the template l was viewing at the time, harmonics are fib constucted 2 wave corrections and some extreme harmonics include fib extension etc - l don't trade harmonics blindly, the price structure on the left turned EU not the harmonic - reasoning - if l took the harmonic off my chart, price would have still turned, however if the price structure on the left was changed to a different structure, prices on the right would have reacted differently. So, PRICE TURNS PRICE


news is only used to move prices to zones - means nothing to me and all the rumours and bail outs traders spend chatting about is all BS, doesn't help you enter or exit but PA does

Here is my M5 chart...you can see the break of the H4 trendline clearly....and had a couple of retests....we seem to be at a critical level on EU...this could be a very interesting week. Not yet convinced we are going up.
Cheers
CanuckCT

l will trade it as PA suggests regardless of that trendline breech



let it open ............