There is a small EU long opportunity. Here is what I think is possible based on my heat map.

EURUSD

This bear run is over for now.. But I will probably take a long tonight and give this some time to stabilize. This bear move satisfied the lower targets. The upper target is now around 1.3666

EURUSD

Looks like its going to the lower leg of the triangle I posted before.

EURUSD

This is more likely be going to 1.3618-1.3600 range. That would be a good long entry zone depending on how price reacts down that target. Good luck!

EURUSD

Watch out, these bears got more steam left. If you are to go long, give it a few more hours. And ride those shorts down lower if you are in it

EURUSD

Hi JustAndy, It's not a holy grail by any means.. (at least I don't think.. it could be though.. haha). I sometimes go against it's predictions but it has proven me wrong. I have been using it for about 3 months so I don't have extensive forward ...

EURUSD

Here is the heat map for the short trades. I see much higher downside potential. The target @1.3657 should be reachable.

EURUSD

This is a site that I often use to find correlated pairs quickly: url As you can see from that, over the last 500hours (H1 bars 100 bars) Most closely correlated pairs to EURUSD are: CHF/JPY0.74 EUR/JPY0.59 EUR/AUD0.52 And the negative correlated ...

EURUSD

My momentum indicator has detected that there were a lot more shorts registered in each of the recent up candles (M30, H1, H4). This up leg doesn't have enough strength left to go higher. It might remain around the 38% Fib for a day or two but it ...

EURUSD

The upper target is at around 1.3713. Could this go there? hmm.. I'm sure it will come down for a breather before but this bull momentum is no joke..

EURUSD

There is the trigger for the shorts.. let's take this baby down!

EURUSD

Place your shorts.. I need to take my profits

EURUSD

The reason for this is because people use lagging indicators most of the time and/or they are trend following. Instead of reacting to what they see in the past, they are following. When they are following, they tend to say what has happened instead ...

EURUSD

Completely agree with Davit here. I advice any trader starting out in Forex to read "Trading in the Zone" by Mark Douglas. This is all a game of odds and its about gaining consistency resulted from a proper strategy and money management. We can use ...

Cable Update (GBPUSD)

As long as you are trading in the right direction and good at picking bottoms, sure With M1, you can sometimes spot right when the market turns with the help of fibs and CCI for example. There are many ways to do it.. just a matter of excelling ...

EURUSD

Have a great weekend everybody!! Hope everybody made some Green Pips!!

EURUSD

If you are in this short. A good TP target is @1.3611. There is where I am set. If you want to ride it out for longer, you can look towards 1.3586. Happy Friday!

EURUSD

Thank you FXCube. I would appreciate that a lot. Sent you a PM.

The Market is Cuckoo

Few pips here and there isn't bad I got my +13 just a bit ago after I woke up later. Looking to ride the wave downward now. It's Friday.. can't expect much movement. Maybe some movement during London close in about 2-3hrs. After that I'm pretty ...

EURUSD

Thank you FXCube. I already started trading live The gains aren't as high as in the demo but I'm ramping up slowly. Let's see how the US will do in the World Cup. I wasn't to impressed with today's match though.. hehe I think it might be Brazil ...

The Market is Cuckoo