Great flag is forming, but I will look for another short after weekend.
I think range this time will me much lower than last low.
I think range this time will me much lower than last low.
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Disliked{quote}When should we use the Fibonacci? Where do we apply it to what waves? Where are the targets? What points are we aiming for and why?Ignored
Disliked{quote} You should ALWAYS use the fibo. It is a tool that can give you a good indicator of where the move may do and also gives you targets. I will post a photo of it on my chart soon.Ignored
DislikedThe day should close somewhere in the 575-585 region...600+ shouldn't hold to confuse bulls even more. Which gives great opportunity to long next week around 550. With a nice 200-300 pip target.Ignored
DislikedWeekly... If 0590 gets broken then 1.0488 is the next. I expect this to happen in the beginning of next week. {image}Ignored
Disliked{quote} I am expecting too. But not at the beginning of next week ( referring monday or tuesday). Based on daily chart 1.0550 is strong support this week. Will monitor closely.Ignored
DislikedI can't emphasize how important it is to check with the news before making a trade. CNN accidentally broadcast 30 minutes of hardcore porn last nightIgnored
DislikedWeekly... If 0590 gets broken then 1.0488 is the next. I expect this to happen in the beginning of next week. {image}Ignored
DislikedDB targets EUR/USD at 1.00 by the end of Q2' 2017 people who are seller should consider that reaching lower level is not as easy as they think this year. I think this target is still too optimistic. so euro is only a buy at these levels.Ignored
Disliked{quote} Hi NaT Looking at this, weekly, there's a doji. So it can jump quite a bit. I'm content to add tiny long and see where it goes.... 0685 is pretty sure target. But keep shorts. I had enough longs  Now i see blabermouth Draghi on Monday. Yikes. So Euro jumps morning, dumps after Draghi, jump after. Then dump Tuesday lunch.... Are we agreed on the sequence? If I'm correct will buy tickets for vacation in Italy or Morocco. Ideas?Ignored
DislikedThese posts remind me of the situation when EU was at 1.39+ and I was hearing 1.45, 1.5, 1.6...we know how it ended...now its the same...everyone sees levels far away...and it may end up similarly. Yes, dollar index can easily go towards 110-115 and make euro crash towards parity or even 0.80...but it can also easily dump towards 80 and make euro spike to levels that would kill all long term trading short accounts.Ignored