This looks like the right sequence now to break 3330-40. Not that it HAS TO, but it creates a BETTER setup for lower to happen. Had it not done so, any piercing of the Bollinger Band lower (prior to the news up candles) would have been bullish ...

EURUSD

(With a grain of salt) Having said that, ZZBB swings on the 1H are going fine. Didn't predict an upswing, but it still created a valid pricing sequence. B > T > B > T > next?? I'm now interested in answering the question of TIME. I'm wondering of ...

The similarity system

Could that be a descending flag that points to future lower prices?

EURUSD

Taken the lady @ 3406. Stops to BE now. Edit: Will be interested to see if 15M can print an engulfing by closing below 3396

EURUSD

Boo -10

EURUSD

Philosophically speaking, Price/Time is very difficult for most traders to conceptualise because the time factor is relative not absolute. If resistance is found at 3430 then it is an absolute whether or not you are using Fibonacci, a horizontal ...

The similarity system

Mine says 3364.4 which I have shorted. Tight stop

EURUSD

LOL... I'm on Shorts, not Longs :-) then again, i aint anybody or everybody

EURUSD

Awesome analysis Mr Doom!

EURUSD

That's only 2 swings up, capped at 3420. Weekly shows DOWN swing in play. Weekly trumps Daily or Hourly

EURUSD

Shorted 72. Had to.

EURUSD

LOL she's playing now. Back to Asian highs.

EURUSD

I really think she's gonna retest 3333. It's almost like she's reloading. If it was bullish, I would have thought 75 was the place to do it. Nothing happened at 84.

EURUSD

Morning all, Asian session a bit subdued ending on the lower part of its range. i took a long counter trend for +10 end of yesterday. Opening short at 3364. The 1H pointing south, using it as a break indicator against the 4H.

EURUSD

I get what you mean about 3460 (I have that level too). I got wind of desk managers loading up at 3420-25. It's hard to tell of this is currently a continuation of EW 3 or if EW 5 completed. If it's the former, then we need a good bottom formed to ...

EURUSD

Gday mate, Would you not count the recent tops as a short squeeze?

EURUSD

The 4H shows that the last two tops never crossed the Bollinger Band which usually means a retest of the last lows with success, if in a trend (ie. currently down). The middle of the Bollinger is key. So shorts should have been in play off the break ...

EURUSD

You had the right call on the 4H. 1 Short scalps done for +10 1 stupid long trying to counter the first bar after the news -3. Keeping another short scalp which could turn into a longer term if it reaches 3336

EURUSD

Possibly a bit early for that... but I need the laughs this morning. Okay.. Coffee time.

EURUSD