btw the thick red TL is now broken to the up side on the USD Index and awaiting confirmation in 1 and a half hours at least..

EURUSD

Yes we have the same chart if you look closely, and you have the same count too.. But you know that I need time with the ratios still. I am simply proud I was able to eyeball the wave as you said!!

EURUSD

I started the wave i where you have the ii No wait

EURUSD

Well the arrows are just for direction and not for levels! So yeah.. When I get better with the HEW ratios like master HappyMe, I will be better at telling levels However, on the USD Index chart, we can assume that if we break the 50% Fib level ...

EURUSD

Seems like these two options for the USD Index for now!!!

EURUSD

Support holding very well. The USD Index also has some resistance consolidation.. @HappyMe, is this the end is the A leg? B to the north then?

EURUSD

If it does not stop at the white support line, the 61.8% Fib retrace level is not far below at 1.9571 Let us see..

EURUSD

I some times read some traders wondering how hedging opposite directions would make sense.. This is an example of two hedged trade positions with both in profit.

EURUSD

Well.. If there is any sense in what I just posted, then we are in "a" leg and the "b" leg will be to the south giving the EURUSD a leg to the north before the "c" leg which should take us down again. I still don't use the fib ratios with HEW, so I ...

EURUSD

Buddy, Look at this one.. Please tell me your thoughts..

EURUSD

Well using my own understanding of the situation. When Tudor said the USD is coming back, I feel he wants to say coming back up from its recent sharp retracement. If correct then this would push the Euro down especially if the US news is good.

EURUSD

Of course it did well.. there is hardly any volume or momentum in any direction.. We cannot judge anything in a market like this.. Lets wait til London.. PS: I still think I will need a trading break soon!!!

EURUSD

Oh.. I thought we are already at v. But I have room for 1280 in any case.. Still learning as you know.

EURUSD

Very nice position there my friend..

EURUSD

May be I am too bear biased.. May be I need a break I hope I didn't offend you fine traders in any way by my personal bias. I apologize!

EURUSD

Yes sir, it has been looking ONLY up sir for some time now and with great momentum too, and that is the point! We have to try to anticipate when the traders (institutions) who went long down at 0960 will start to want to take profit from the huge ...

EURUSD

1270-80 then 1300! What is the point? I already stated that the bear swing is valid up until 88.6% then the bias turns to the other side. I also stated that the Euro is not in the fundamental conditions for higher and that this is simply due the ...

EURUSD

It is at 1230, if I were in a long position in profit, I would close at 1225. Support and resistance are ranges really.

EURUSD

Depends on where it closes today and what the avalanche of high impact news will bring and how it will be interpreted! I just hate the spikes lol

EURUSD

5 more pip to the upside until 61.8% Fib retrace Brexit.. One has got to wait and confirm to long at this point. EDIT: NOTE: We are in bear swing up to 88.6% Fib Retrace Brexit! So the logic is the other way around really.. Sell the spikes. Unless ...

EURUSD