The Club!

EURUSD 8h EW

maybe a last poke higher into the 39-394 range, but not sure about it

may be finished already

Dukascopy Sentiment Index - Liquidity user (individual clients, broker, investment companies, hedge funds) on daily chart EURUSD


first indicator window is for EURUSD

second indicator window is only for USD



you can see, that also the USD is overall in demand, the price of the EURUSD is going up

How long can this last?

S/R-lines

pink = weekly
blue = daily
green = smaller TF's

EU

short term levels and targets

The main question continues to be a support or resistance from 1x2?



For now, the price has very fragile support. While today's new low mean NeutalSlope.

eur/usd H4

price action EU

as can be seen on the 1h chart below, price has established two bases between the weekly S/R lines (pink) at 3650 and 3826

a break of 3826 may lead to 3972
a break of 3650 may lead to 3469


if market likes to continue up, I do not see a retest of the 3650 level as necessary, because this line was already tested multiple times. For me, a revisit of 3650 would likely indicate, that price is about to revisit the 3469 line

if price breaks 3826, we will only find limited resistance overhead. One of the obstacles on the way to 3972 may be then the upsloping channel line at around 388x to 390x





Dailies MMSMP Analysis:

Average VPO (32 periods) @ 3566, with POC @ 3533

The skew of this distribution so far is neutral, but with the price>aver price>POC the trend is up


On daily the first sign of a broken uptrend is, when price falls below 3566

Downtrend is established, when price is below 3533


Price distribution curves on daily shows big areas to be filled with volume down to 3566

With prices on daily and weekly at their boundaries for mean reverting, chances are high that we do run back for a while. Be remembered: everytime price reaches the + or - 3SD, chances get really high, that price does not mean revert in the bigger scheme but is simply trending and establishing a bell curve on a higher level

The weekly is on the brink of trending, so looking at a higher TF (monthly), we see, that there is area to be filled with volume up to the roughly 41x area.

daily chart with aver VPO's and virgin POC's

3878 would be a very nice target for my main scenario :-)

keep in mind:

virgin POC's are kind of magnetic. They nearly everytime get touched

at the moment we have clearly an overhang of magnetism on the south side


I determine the virgin POC's with a 32 period lookback

Yes. And to my scenario "from pink to pink." The cable, however, "give wastage"

one chart from me

so you think it is funny?

where is your analysis?

by ever repeating a really bad joke doesn't make it better

I thought that was territory of Murkey, wasn't it?

watch here

http://www.forexfactory.com/showthre...11#post7046611

enjoying my short and not 1.000.000 levels per day like godim shit

EU about 20 pips downside for now
http://prntscr.com/20h9fh

Google (if gap is not significant)
http://prntscr.com/20h9sg

Not sure about Gold today. I am short EU from 1.3775.

lol

lol

Welcome back I missed you both.

so what?

does that invalidate Godim's analysis?

How many times have EW analyses failed? One summer day does not make a whole summer........

And you surly know, at which point your analysis goes wrong?

one can not predict markets - one can only weigh chances/probabilities


if you think you can predict markets, congratulations, you have found the holy grail

I think you make a good point here.....and I am going to add that I am starting to think that TA is a bit of BS. Please, not offence to anyone.. Just my perception.