Gone BUY EURUSD as different timeframes lining up. The M5 bull microchannel very tight, matches a strong reversal bar and entry bar on M15, bought a two-legged pullback.

EURUSD MultiTimeFrame

It did come back, and I bought some more, fully in now. The question is who is trapped, bulls or bears, at this stage. It me it looks like more bears trapped. we'll have a spike soon. Spike it did, but for the bears, got stopped out.

EURUSD MultiTimeFrame

bought on the way down, took a small loss, then bougt on 11 and traded in the higher entries as bar 13 closed as a Doji Pause Bar (no strong Follow Through), will sit in it now and see if the bulls get a break. If they do, it will make sense to hold ...

EURUSD MultiTimeFrame

Scaled in on Bar 3 and traded in the previous entry. stopped out. Still waiting for bear trap and sudden reversal amid volatility, obviously grinding effort by bulls is not working. Any bear failure at this level has the potential for a very strong ...

EURUSD MultiTimeFrame

Tried to fade the selloff but got trapped (but trading small and with a wide stop), now added to the long.

EURUSD MultiTimeFrame

Time to re-assess the situation. On the daily chart, we see what might look like a Final Flag pattern in the bear strong channel. It can break down and fail, it can break down and produce another big leg down, or it can go sideways and eventually ...

EURUSD MultiTimeFrame

Bears pressing at new LOD, but a wedge could be expected. Still holding the short. May go to Low of Last Week, which is within reach and there is no reason not to test it while it is this close.

EURUSD MultiTimeFrame

Trailing stop two bars away, considering exit. Always In Short, likely to probe below low of the day.

EURUSD MultiTimeFrame

Out, but re-entered, a higher volatility tight trading range developing, further direction is uncertain, need to wait to see more action unfold.

EURUSD MultiTimeFrame

Shorting EURUSD, on H1 we can see a pullback from a Two-Bar reversal entry, and on H4 we're at the 20 EMA, so chasing bears are likely to meet this with selling, at least for a scalp. EURUSD M5:

EURUSD MultiTimeFrame

but come to think of it, these PhDs are not necessary -- by the time people get with PhDs they become too risk averse to trade, they'll rather broadcast their predictions and weighty opinions. Luck, well, everyone needs luck. But PA is not ...

EURUSD

The detailed history of market price movements over time as seen on a chart. Would that work? Strictly speaking, you can't "trade price action", but you can base your decisions on price action, using it to interpret the strength of market ...

EURUSD

Thanks, Denden2012. It's hard to say how far it can go -- it may go very far, or just sell off again. I'm seeing this as a mildly trending trading range. We can see tight trading ranges with lots of overlap, i.e. value areas, mildly trending ...

EURUSD MultiTimeFrame

Stopped out near BE, but re-entered: in case this be a kiss of death to the bear trend.

EURUSD MultiTimeFrame

Took partial profits at C, swinging the rest if it will. Bar 37 was actually an excellent signal bar to get long (in hindsight, of course) -- Outside Up reversing Tight Trading Range and Close On High.

EURUSD MultiTimeFrame

30: price squeezed between bull and bear trendlines in a triangle,breakout mode, expecting bull spike given the buying pressure. If there is no spike, then the price could drop to 24 Low and likely further in search of a new low of the day.

EURUSD MultiTimeFrame

Added to the long on the assumption of trending range conditions.

EURUSD MultiTimeFrame

12: added to the long as volatility picked up, expecting a bull breakout, but there was vacuum move down, clearly volatility playing, moved the stops to below the low and got a BE position soon after. I have to remember this -- increasing volatility ...

EURUSD MultiTimeFrame

6: a doji Reversal Bar for a Two-Legged Pullback to MA (Low Two), but bull momentum was pretty strong. 7: Strong Entry Bar on Low Two. 9: Two-Bar Reversal, for a Failed Low Two. 10: Entry for bulls not triggered, all depends on whether there are ...

EURUSD MultiTimeFrame

UPDATE: Stopped out for two pips, was a bit early, but re-entered on the same premise as the selloff did not produce a sudden drive and stalled. Bars 2 and 4 have reversed a bear wedge of sorts: following the two legged move to D, there was an ...

EURUSD MultiTimeFrame