EURUSD

Thanks, baherhosni. Tell me how can I be of help. Regards. Jos

no problem. Now i remember i used "ADX cross " with arrows. It was more sensitive. Put big arrows in the editor. It looks impressive. ...... I remember that MA Dots (or MA cross) had a paid version, which supposedly rocks. Been years ago. They must have cracked version now
Gann Hi-Lo or whatever name it was, will be simple and easy indicator. But take care

closed 1063 = +46 pips

More consolidation on the EURUSD. The pair has no reasons at the moment to move, just waiting for relevant information to enter the markets.

A few other people mentioned they followed the trade. You're welcome.

Not selling signals but if I see anything longer term I will post them.

As as you can see I'm not perfect with entries and exits but nobody is and if they say they are they are probably lying to you... As long as you catch the meat of the move, that's all that matters.

The risk adverse part of the move is over... Now there could be pullbacks and that's why I'm out of the trade. I exited at 139.03 on a trailing stop hit.

However, I suspect we are are at a major turning point for yen and cable. We have the fiscal stimulus out of Japan and a new Prime Minister for the UK. BREXIT is a positive for both the UK and Japan. I believe it was just a catalyst to shake out the weak hands. If you look at a monthly chart we are at support for the USDJPY and the GBPUSD.

The liquidity vacuum fade is when there is a large absence of buyers and sellers, and price does a major markup/markdown without any sort of trend. This typically happens after NFP, central bank meetings, and other critical events. The trade is to counter the lack of liquidity as price will often fall back into reality and create some range where no range existed. An example is after the ECB meeting on December 3rd 2015. We spiked 400 pips, then fell back about 200 pips once the initial shock was over. Another example was after the BOJ failed to stimulate in April and June. We saw huge bullish moves in the yen, with no trend, followed by a reversal over the coming weeks.

I'm expecting the exact same thing to happen with BREXIT. It is already beginning. However like I said the risk adverse part of the move is over, so their may be a pullback to buy or their may not be.

At any rate I'm leaving 10 lots open from 138.80 to target 1.4500 by end of August hopefully at the latest. Could happen much sooner. Expecting GBP to 1.3500 and JPY to 110. May over extend to 150 GBPJPY but the major resistance is the major broken support at 145xx.

So I'm keeping a small long and if we dip back to the 133 area I may try another bigger long for the right shoulder of an inverted head and shoulders.

Monthly divergence and doji forming

Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP

My Early Hours View

- rebound tentative on daily-mid 1.1055 in the way;
- over 20 hours downwards regression momentum;
- support at: 1.1000 - 1.1025 area;
- resistance: 1.1100 - 1.1120 area;

Fundies and rumors:
- API shows an increase in oil inventories;
- Mester (FED) encouraged by the NFP report;
- stocks continue higher;
- Barclays overall bearish;

Green to you all!

Post Brexit H4 and the last 5 days H1 views

Whats your trade?

Looks like we continue stuck in a range from 1.1120 down to 1.1002. I'm waiting for a daily close above or below it to confirm the breakout and going with the new trend.

For longs You need it above 1.1190

Flat for the moment (flat as the E/U for 11 hours now)
We're in the middle of nowhere, middle of ranges, middle of almost everything
Waiting London...

Oke maybe some movement later on economic numbers.

hopefully so, ye!

One think I know.

Euro will drop more and more and more.......

The EUR/USD is trading to the downside in today's session currently at 1.1041. The price is back below the 200SMA after it reached above it yesterday. It appears to be hard for the market participants to wni a direction as the price has been gravitating towards the 200SMA since mid-June.

Possible. I'm staying close for the break-outs on that Fibo levels ...after break the drop should be much determined

Chinas trade balance shows signs of stabilization
US Stocks on historical heights again

Singing, ...'what a beautiful world'!

Hi Guys looking at the graph I have seen a triangle.
I have put a buy stop order just up the lateral resistence and between the 50 % 61.8 % retracement.
The EL, SL, TP are indicated with yellow square.

What do you think ?