Fellas, 1 request. As a thread starter I would like to request 95% EUR/(USD) related commentary, if you are mentioning other pairs, then perhaps explain how it is related to EUR/USD. It's all done in an effort not to clatter up the thread with irrelevant info to EUR/USD. Thanks
another example of the pattern, where as you can see there was a substantial fake move (working the stops), but later on still provided upside. My view is that a pattern is really good, but you will still need to manage the trade.
-12/-9 will re-enter long on another signal, actual pattern was good for ~40 pip gain in EUR/USD or double that if shorting USD/JPY at the same time. If the trend was still strong on longer TFs, then this pattern could have well provided anything 100+ pips, unfortunately currently there is confusion IMO as to what's happening, are we long, are we short?
If we break below 1.3050 major airpocket down to 1.2950. What happened to our seasonal rally? el surdo
think is a great buying opportunity, right at the bottom of the flag formation. No doubt a cluster of stops under 1.3050 will be easy to take out but I really expect it to hold above that level by end of day.