The target for the Day, which remains Long above 1.11681, has now been lowered to the Long level @1.13063 on the 8 Hour timeframe. Also note that the Day is in it's Neutral zone between the Short level @1.12602 and the Long level @1.11681.

EURUSD - Financial Instrument Analyzer

On which timeframe do you see that trade setup. For the moment, there is no market direction (see Post #43 above).

EURUSD - Financial Instrument Analyzer

Chart #2 Post #41 above is an intraday chart We have no market direction on the 2 Hour, 4 Hour and 8 Hour timeframes. The Day remains Long as per Post #42. The target for the Day is now the Long level @1.3063 on the 8 Hour timeframe.

EURUSD - Financial Instrument Analyzer

Chart #1 Post #41 above On the 8 Hour, the application indicates that we have a Low and the market is Long above the Long level @1.11473 with a Retracement level @1.12377. We have a trade setup on the 8 Hour which reads as follows: (1) Long entry at ...

EURUSD - Financial Instrument Analyzer

Tuesday May 12, 2015

EURUSD - Financial Instrument Analyzer

Chart #8 Post #12 above is an intraday chart url There is no market direction on any of the timeframes. Therefore, there are no trade setups for the moment.

EURUSD - Financial Instrument Analyzer

Chart #7 Post #12 above is an intraday chart url On the 2 Hour, the market is Long above 1.11552 with a Retracement level @1.11564. We have a trade setup on the 2 Hour timeframe which reads as follows (careful I was late posting this one, we have ...

EURUSD - Financial Instrument Analyzer

That's actually a very clever question. My answer to that question is "No". Although you could easily take advantage of the sensitivity of the FIA and it's unique ability to detect market reversals, I personally have not developed or used a strategy ...

EURUSD - Financial Instrument Analyzer

This morning you will note that RRR on either Long or Short trades has been rather low and unattractive!

EURUSD - Financial Instrument Analyzer

Yes, see my Post #33 above. Before you enter the market, don't forget to always consider your RRR which in this case is 2:1 (Reward 2 times Risk).

EURUSD - Financial Instrument Analyzer

Chart #6 Post #12 above is an intraday chart url On the 2 Hour, the market is Short below 1.11550 with a Retracement level @1.11499. We have a trade setup on the 2 Hour which reads as follows: (1) Long entry between the Short level @1.11550 and ...

EURUSD - Financial Instrument Analyzer

That's correct!

EURUSD - Financial Instrument Analyzer

Good point. As for going Long, please read my note of Caution in Post #28 above.

EURUSD - Financial Instrument Analyzer

Chart #5 Post #12 above is an intraday chart url On the 2 Hour, the market is now Long above the Long level @1.11565 with a Retracement level @1.11596. We have a trade setup on the 2 Hour which reads as follows: (1) Long entry between the ...

EURUSD - Financial Instrument Analyzer

Chart #4 Post #12 above is an intraday chart url

EURUSD - Financial Instrument Analyzer

Sorry, I had posted my new charts in the wrong Post. Had to do a little clean-up here. I am now ready to continue.

EURUSD - Financial Instrument Analyzer

Of course, if you are still in, stay in! The 4 Hour has returned Bearish (not Short) towards Demand @1.11121 (see Chart #4 Post #12 above).

EURUSD - Financial Instrument Analyzer

Chart #3 Post #12 above is an intraday chart url On the 2 Hour, the application indicates "Establish High" which means we are in a Long market above the Long level @1.11565 with Next Target High being the Short level @1.11598. While the market ...

EURUSD - Financial Instrument Analyzer

Hang in there!

EURUSD - Financial Instrument Analyzer

What I will demonstrate this week is that trading with the FIA (Financial Instrument Analyzer) offers low risk, high reward trade setups.

EURUSD - Financial Instrument Analyzer