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EURUSD

Just update, take care.
https://www.forexfactory.com/showthr...4#post11773914
this is how I see EURUSD from Elliott Wave analysis

and I still favor the bullish scenario

what you guys think ?
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Quoting msniper
this is how I see EURUSD from Elliott Wave analysis and I still favor the bullish scenario what you guys think ? {image} {image}
Well you now...at the end I'm still bearish.

I can't give some comment on the count because HEW can't see this as a triangle. Anyway that is because HEW is slighltly different then EW.

You can manage risk, but you can't manage the return
If I can just add what I see just some basic S&R. Continue the longterm downtrend untill the 1.1214 price level after that we go for a "small" pullback and then even more lower.
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Quoting msniper
this is how I see EURUSD from Elliott Wave analysis and I still favor the bullish scenario what you guys think ? {image} {image}
I favor the bearish one but very nice job on both!
Quoting HappyMe
{quote} Well you now...at the end I'm still bearish. I can't give some comment on the count because HEW can't see this as a triangle. Anyway that is because HEW is slighltly different then EW.
what is HEW ? I always seeing you writing it but I thought its the normal Elliott waves everyone use
Quoting HappyMe
Here is my HEW update. Well what a development today. I really was searching what is most likely going on here! The green-wave-b...is still not finished! so from the start @1,1267 we saw an ABC...yesterday the market went sharply down in 5 waves.. I already tought yesterday there is something elsein the pipeline then just a wave down until 1,1210. Today the development looks now as we had an ABC followed by an X so Today this retracement transformed towards a zigzag in my opinion. Well then the question is can we break the 1.1433 and in case 1,1472...
A gosh!!

My view of yesterday was actually a correct view!.... how could I switch this morning....??

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You can manage risk, but you can't manage the return
Quoting Jonstaples
EU is ready to offer PM May a lifeline of extending Article 50 if her deal is rejected by Parliament next week, according to sources. Italy's PM Conte said he is to meet EU's Juncker next Tuesday with the new proposal on the 2019 budget and added that it will include boosting investments. The USD index lacked firm direction following the US market closure and was stuck near the 97.00 level as its counterparts across the pond were uneventful with EUR/USD range-bound throughout the session. Option expiries of note for today's 15:00 GMT: EUR/USD: 1.1295...
Very good, thank you. Let's see how to close the candle weekly.
Together we can be strongest
Quoting HappyMe
{quote} A gosh!! My view of yesterday was 100% correct!.... how could I switch this morning....?? {image}
Looking if the price is overbought or oversold.
Together we can be strongest
so we expecting euro to reach 1.14000 if that happened that's mean it will push GBPUSD up with it. and if that happened it means GU broke a major down trend which will be bullish for both
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I am going to take profit for my long from 1.1330 between 1.1400 to 1.1430

not because I am going to be bearish NO

just protecting my self

I will wait and see if price manage to break 1.1475 then the bullish scenario is confirmed 1000% so better safe than sorry
Quoting msniper
I am going to take profit for my long from 1.1330 between 1.1400 to 1.1430 not because I am going to be bearish NO just protecting my self I will wait and see if price manage to break 1.1475 then the bullish scenario is confirmed 1000% so better safe than sorry
Chart H1 and H4 is bullish. But the chart D1, W1 an MN1 still is bearish.
Together we can be strongest
Quoting palpite
{quote} Chart H1 and H4 is bullish. But the chart D1, W1 an MN1 still is bearish.
The GBP need to be strongest than the EUR and USD for to confirm the tendence reverse for both pairs, EURUSD and GBPUSD.
Together we can be strongest
I exit just now at 1.1400 with 70pips profit

I will wait for daily close and see if its bullish or bearish

but I will never go short

in euro only BUY button is working for me
Quoting msniper
I exit just now at 1.1400 with 70pips profit I will wait for daily close and see if its bullish or bearish but I will never go short in euro only BUY button is working for me
I not understand your swing trades.
Together we can be strongest
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Buy only
insta @meetmyTrading
Quoting palpite
{quote} I not understand your swing trades.

I bought on 1.133x area and was supposed to be swing trade and I keep it all the way to 1.1900 and 1.2000

but because I see strong resistance in area between 1.14000 to 1.1475 I decided to exit now and wait for more confirmation and I will buy again

I am bullish in euro every day even if it fall to 1.1200 I am still bullish and I will only buy its just I like to be safe near resistances
Quoting msniper
{quote} I bought on 1.133x area and was supposed to be swing trade and I keep it all the way to 1.1900 and 1.2000 but because I see strong resistance in area between 1.14000 to 1.1475 I decided to exit now and wait for more confirmation and I will buy again I am bullish in euro every day even if it fall to 1.1200 I am still bullish and I will only buy its just I like to be safe near resistances
But i do this and i'm 1 scalper for you. And you are 1 swinger trader ?
Together we can be strongest
Quoting palpite
{quote} But i do this and i'm 1 scalper for you. And you are 1 swinger trader ?
yah I know what I did is consider scalping

I am supposed to be a swinger

I will just wait for confirmation for my bull scenario and I will buy euro I will never close it again for scalping I will just keep holding all the way to 1.1900 hehe
the blue circle area will not be easy to break. honestly I think it needs a news to be broken perfectly without fake breakout. perhaps Friday news do something. so its dangerous area
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