No volitility, went short, I think bulls are waiting below, so will probably continue grinding lower, until it fails in a volatile climax. 1: High One for bulls, trapped. Bulls may still fail as trading is thin so far, and there are many early ...

EURUSD MultiTimeFrame

On H1, EURUSD is setting up a two-bar reversal and breakout failure from a new low of the day, also technically a double bottom bull flag bottom with a previous low. It may get very volatile here, preparing to play. Either the bears will fail this ...

EURUSD MultiTimeFrame

1: A proper bull signal bar, Inside-Outside-Inside Bull Body, Close on High, looked strong, but stopped out BE, re-entered. 2: Four pip scalp in (half off), trailing swing portion with BE stop. Second break of Tight Bear Channel TL, next resistance ...

EURUSD MultiTimeFrame

Got stopped out, but fading a new low again on the same premise. Only now we have an ominous looking High Four Failure on the hourly chart, which is a great setup for bears, but trading looks thin so far, so this might still fail and produce another ...

EURUSD MultiTimeFrame

1: Bull Signal Bar, but in a tight range, entry not triggered yet, took 2 pip half off, BE position in. Gotta play tight here. 2: Strong Entry Bar, second Breakout Test, closed above Breakout Point. Bears need bear reversal bar to continue shorting. ...

EURUSD MultiTimeFrame

Bears trying break below Low of Yesterday in what is a Breakout Mode and Inside Doji on the daily chart. Since this is generally a Longer Timeframe Tight Range and Barbwire, I'm fading this breakout.

EURUSD MultiTimeFrame

25: Stopped out, bulls didn't give more than a small scalp. Reversed to short on the Bear Breakout, likely switching to Always-In Short, going for the bull trendline break. 26: Scalp in, trailing from BE. A Low Probability Short with a wide swing ...

EURUSD MultiTimeFrame

15: Re-entered Long as second doji in bear leg, may signify third push down, which may fail. Bar 8 Breakout Test to the pip, if bulls are still there they should not allow a close below 15 Low. Multiple bear BE stops still a target within the range. ...

EURUSD MultiTimeFrame

5: near BE position in (scratched first entry -1 pip, half off second entry +2 pip). Targeting bear BE stops at 1.1228, possibly a break above for a measured move. 6: Two Bar Reversal, High Three setup, Moving Average Gap Bar, tightened stop to ...

EURUSD MultiTimeFrame

Stopped out BE, but scaled in lower on the same premise -- buy before before we have a lower low.

EURUSD MultiTimeFrame

A simplistic view of EU today, looking for longs, seeing higher lows and higher highs in a channel, and given yesterday's bull spike, some follow through is not impossible, at least for a more convincing climax reversal than we've seen so far.

EURUSD MultiTimeFrame

Re-entered on Second Signal Outside Up, but getting frustrated by now, should probably stop trading for the day... CLOSED: scratchede near BE. no takeoff, no perfect breakouts today, just chop. Enough today.

EURUSD MultiTimeFrame

Entered Long on a High Three and Failed Breakout below 21 setup, as three bear pushes down failed amid still persisting buying pressure. CLOSED: stopped out quickly, -3 pips.

EURUSD MultiTimeFrame

25: Bear Inside Bar, Bull Breakout Failure, Breakout Mode, exited BE and reversed to Short, on the same bear trending range premise as before -- no bull momentum for now. CLOSED: Out with -4 pips, will take a break.

EURUSD MultiTimeFrame

11-17 was spike. 19: High One Entry, but on a weak Signal Bar (18, bear close) 20: High One Failure, Tight Trading Range. But tail on bottom, still some buying. 19 and 6 make a double top bear flag, but both signals weak, so will hold with a swing ...

EURUSD MultiTimeFrame

Looks like Bear Breakout failed, exited the shorts with profit and reversed to long at market, back to Always-In Long. Many bears may be trapped by now. Anticipating measured move spike up and new high of the day, if it breaks above A and C.

EURUSD MultiTimeFrame

Getting interesting. The tight range starting to expand. Based on AB and BC range height on M5, the measured move target for the current bear breakout is around 1.1216, looking to reverse to long there. If it goes there in a steady grind, this will ...

EURUSD MultiTimeFrame

Yes, the most comprehensive theory on how to read market action as it unfolds bar by bar.

EURUSD MultiTimeFrame

An impressive rally today. Buying at the high as second bear reversal attempt failure (Failed Low Two at the top) as it is begging for a climax to flush the last countertrend entries out. CLOSED: -6.5 pip loss on the long at the high.

EURUSD MultiTimeFrame

BE position in. Target any exhaustion reversal up to 1.24. CLOSED with a 1.5 pip profit overall. Will skip am trading, too choppy and uncertain.

EURUSD MultiTimeFrame