Yes, stevewalker, taking into account the bigger picture I would rather go with bulls here, but, I must admit, that numerous talks about EURO weakness at this stage might have clouded up my mind a bit. So, when in doubt sit on your hands.

Trading EURUSD only

image A congestion area has formed. ~ 1.2950-1.2980. My apologies, I don't want to play roulette here (it may even turn out to be Russian roulette) and try and 'predict' which way it is going to go. In my humble opinion a slightly better tactic ...

Trading EURUSD only

Stevewalker, would you be so kind to shed light on the concept of a derivative? As far as I can see the derivative of a linear function is just a value for the slope of a straight line, which suggests that you calculate your derivatives in a somehow ...

Trading EURUSD only

Hello everyone. Nothing seems to have changed since my last post, apart from a small pullback that may be a sign that the price might want to go higher today. The closest target being ~ 1.3000-1.3005, with the following important levels: 1.2940, ...

Trading EURUSD only

Here is my update with a new vertical upside count (yellow ellipse) which, strangely enough, yields 1.3005. This may be a sign that we could soon see the ~ 1.3000-1.3005 area tested. image Any thoughts would be appreciated. Thanks.

Trading EURUSD only

Here is my update with a new vertical upside count (yellow ellipse) which, strangely enough, yields 1.3005. This may be a sign that we could soon see the ~ 1.3000-1.3005 area tested. image Any thoughts would be appreciated. Thanks.

EurAnalysis

1.2970 has been achieved and the price actually parked there for the weekend. Before I could try and establish another count I'd rather keep an eye on 1.3000, an important level and on top of that a round number, which makes it an almost perfect ...

Trading EURUSD only

1.2970 has been achieved and the price actually parked there for the weekend. Before I could try and establish another count I'd rather keep an eye on 1.3000, an important level and on top of that a round number, which makes it an almost perfect ...

EurAnalysis

After 1.2840 and 1.2900 the next number in my chart derived by means of a vertical count is 1.2970. The price has retraced a bit, which might indicate that it can now make an effort to go even higher. image Any thoughts would be appreciated. ...

EurAnalysis

After 1.2840 and 1.2900 the next number in my chart derived by means of a vertical count is 1.2970. The price has retraced a bit, which might indicate that it can now make an effort to go even higher. image Any thoughts would be appreciated. ...

Trading EURUSD only

1.2840 has been achieved. 1.2900 is the next closest number in my chart. Being a round number it might be considered as a magnet. image Any thoughts would be appreciated. Thanks.

EurAnalysis

I bought even slightly higher But I'm done for today (tonight), I wish you all green pips because now, however addicted I am to FX, I need to grab some sleep My apologies for a post not directly related to trading.

Trading EURUSD only

Thank you. I'm sure not good at this, but 15M looks rather like a symmetrical triangle, which might be considered by some as a continuation pattern. But yes, I agree with you, it's not that important since it is FOREX and everything can happen. ...

Trading EURUSD only

You're welcome!!! Good job and excellent thread!

Trading EURUSD only

Would you be so kind to explain to me why you consider 5M formation bullish and 15M bearish? Or is it pure experience? Thanks.

Trading EURUSD only

Thanks!

Trading EURUSD only

Thanks!

Trading EURUSD only

Hello stevewalker and everyone! I can see two patterns very similar to something called a pole, which may mean that bears tried twice to drag it down but failed. On top of that the price bounced off one of the previous trend lines (grey circle) at ...

Trading EURUSD only

Strangely enough the sense of déjà vu is overwhelming.

EurAnalysis

Hello Buda and everyone! Hmm, it's rather difficult to say at this moment actually. The price did not reach 1.2840 yesterday and went down where it bounced off one of the trend lines (grey circle) and almost touched an important level of 1.2730. Now ...

EurAnalysis