Over my 30 years of trading, I have repeatedly seen that the break of the third fan line in H4 charts is enough to conclude that the pair will revisit the low, (in this case 1.1300). EurUsd has now broken the fourth fan line and tested it from ...

EURUSD only

Ata, you have a good system, but you don´t follow it. You keep entering against the rules of this solid system trying to catch the proverbial falling knife. I am following your system and doing very well. I especially like the clear rule of not ...

EURUSD only

All my indicators signal weakness. Why would anyone Buy here is beyond me. There may be a period of consolidation, but I see little to no chance of a strong move higher.

EURUSD only

Exactly, that´s where I am right now. Unless price breaks above the Green MA and stays above it. It is more than 20 candles now since steep trendline break, so the signal is no longer valid.

EURUSD only

I am following your system and doing well with it, but it is your system. You set the rules. You taught it to us. If you don´t follow it how can we follow it with confidence?

EURUSD only

I don´t understand... Why do you go long when price is trading under a falling H1 Green LWMA?

EURUSD only

As I posted yesterday the bear wedge dropped the price to the bottom trendline. The RSI wedge already broke down signaling that price will follow. After the wedge break, price should retest the other side of the bottom trendline around 1.1700 to ...

EURUSD only

Bearish wedge forming in price and RSI on D1 chart. Something will break soon. The RSI should break first giving us a hint. You never know, but this looks bearish to me. If it breaks on the low side, the target would de 1.1300 again. There is also a ...

EURUSD only

I agree. Everything is flashing higher from here. We´ll see...

EURUSD only

The main decision to enter the trade is made in H4, but you can also look at H1 and M15 to confirm the entry. In a perfect entry, there should be RSI divergences in all 3 charts: H4, H1 and M15.

Extreme TMA System

LO to LO line offering resistance.

EURUSD only

The dollar Index is indeed a basket of currencies of which the Eur is 57.6% of the total, so while not 100% inversely correlated, they generally move in opposite directions.

EURUSD only

When a pair is in a confusion state like EurUsd is right now, sometimes it is helpful to view another chart that is inversely correlated to it. This is the case with the $ Index. Below, you see that it is forming a perfect falling wedge in H4. ...

EURUSD only

Good to hear. Good luck with it.

Extreme TMA System

EurUsd is entering the rejection band (shown in light blue). Someone very big is defending a short position between 1.17 and 1.1720 (Banks?).

EURUSD only

I modified the Pink trendline a bit to give the upside the benefit of the doubt. The RSI trendlines are indicating an imminent breakout. In which direction? We will soon see...

EURUSD only

EurUsd has now broken the crucial trendline. Next test should be 1.1530.

EURUSD only

The Pink line in the chart below is the big one. A close below it opens the door to 1.1530

EURUSD only

50 Bars Back Indicator. This is important. You will see in my charts a dashed vertical Red line. This is the 50 Bars Back Indicator which I am attaching below. What is it used for?. It marks the 51th candle back from the current candle which is 0. ...

Extreme TMA System

The H4 chart shows strong RSI divergences as well. This could turn out to be a big winner.

Extreme TMA System