@Sky Didn't you say that you don't pay much attention to support taken from lows of candles/bars? This time you seem to be banking on lows of weekly dojis holding. I am not saying that they will or won't hold, just curious why bank on them if you ...

EURUSD

Another technical view to support continuation of bearishness. "What Does Outside Reversal Mean? A charting trend in which a stock price's high and low for the day exceed those of the preceding day. Investopedia explains Outside Reversal Depending ...

EURUSD

That is possible, we've gone through quite a few phases of the Wyckoff spring already, if we see 1.3440 bringing big support, then downside will be limited by Euro moving toward 1.4 & maybe higher. All depends on reaction near current lows. url

EURUSD

Ought to continue down, but if price bounces hard of year low, the that may indicate bottom

EURUSD

Main problem on that chart is failure at 1.51, Eur didn't even double top, it failed 900 pips below 1.6

EURUSD

A bear flag in a down trending Market is a sign of weakening price action, yes down trending, please don't post 4 hour chart to prove there is no trend, weekly is in down trend. So I would rather take A bear flag than your idiom of dollar is trash.

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He is quite popular His crystal ball also pointed him to a bear flag in Euro

EURUSD

Because they probably expired (options & futures)

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Re long/short options ratio Nobody knows the real reason behind people as an entity going short Euro via put buying, for all we know it could be banks hedging against Euro decline, a drop in contracts again doesn't mean that is it for down side, ...

EURUSD

"Open interest is taken as a sign of the strength in a given price movement, though not an indication of direction"

EURUSD

I think certain people struggle to understand that "market can stay irrational longer than you can stay solvent." Even if USD does belong in a toilet it doesn't mean that now is the time. It could take months & maybe years before it's time will come ...

EURUSD

I use daily chart as a signal for weekly trends. Let's check out some indicators. Macd histogram on monthly - negative Macd histogram on weekly - negative Macd histogram on daily - above centreline declined to 0 The latter is a signal for people ...

EURUSD

Eur/Usd settling at last week's low which is also weekly low from 5 weeks ago.

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Or if this week closes around here, then all bullish attempts from last few weeks will end up in the toilet. Just be careful not to be caught of guard if EUR gaps down come Monday, because USD can take out that resistance with the premise of yet ...

EURUSD

4 hour chart is noise within down trending weekly chart, NOISE.

EURUSD

The main reason why people catch falling knives is because they believe that by doing so they can have a small stop therefore won't lose much on any 1 trade. But that is a fallacy. Because a retail trader should be banking on strength of a trend ...

EURUSD

All? Since I came to FF I've been saying that this upside is limited by 1.4 LOL

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Trends persist. Being able to correctly identify current trend & trading solely in its direction keeps a trader from overtrading by switching sides. Don't mix up trends with oscillations. Only weekly trend provides enough scope for substantial ...

EURUSD

1. Price will collapse due to lack of liquidity; 2. Price may be controlled only by government intervention via some sort of change in policy. If you were trying to suggest that Deutche Bank being the biggest currency trading entity will try to ...

EURUSD

I see, but why do you think thar Euro will rise when/if they get help? Don't you consider that to be a 50/50 probability?

EURUSD