EURUSD

Yeah you good be wright.

Waiting for better price to short.

reversed to short @94

i open a new long from 1.1195, SL 1.1179 current day low

based on the fact that EU bears are failing to push price below key 1.1180 low after H4 bearish candle and form a mini double bottom from M15 timeframe.

to regain 1.1205-1.1220 zone this pair will go up for real.



this time i send iPad chart to my PC for drawing using paint

from D1 chart everything looks like a simple logic (pure technical analysis without any indicators)

the circles represent the closing level of FOMC candle last Wednesday, and the other one the low of last Thursday candle,

together it becomes a highly possible support zone between 1.1205 and 1.1220



the only 'issue' is where to buy likely? i could be wrong if 1.1180 is broken (at least not now, or maybe it won't)

typical of eu recently, going up nicely and then start a slow and boring retrace, one two three four consecutive days.. and a retrace start to looks like a reverse.

Another win based on correlations - this is a solid way to catch big moves and market shifts, I closed 130 pips on this!

The reason why we are stuck. Its where 2 channels merge.

reversed to long @ 89 (+5), small scalps thus far ...

Previous short closed +25
Now opened again @ 1.1189
risking 10 pips.

oops, I broke my rules :-( out-5

crush out intraday London session low at 1.1180

quiting longs

Does this look like a triangle forming on the Daily chart?
If this is the case, targets can be around 1,10ish at the bottom of the triangle.

short 90

banked my 14.8 pips ...
longer term we are going down for at least another few days, daily inside bar gave a sell signal ...
really long term euro looks bullish though ... but you need to wait a bit to pick your spot ...

ECB trying its best to lower euro exchange rate against USD since beginning of this week

looking for this hourly ib to break to the downside ...

unless it turns into iib ... but breakout to the downside it will :-)

and here we go ... it's late though so not expecting too much here too soon anymore ...
I am quiting for the day ...

wait, one more signal: short @ 73

refer to higher tf chart

Approaching my target 1.1160. Going to long from here