such confidence is a rare bird in these forrests. do you still think it will dip again? on daily candles it looks like a breakout to me after a stunning 5 flip flop candles in a row. could not find so many anywhere in the recent years of chart ...

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why so sure, a stop loss hunt can last days or weeks. btw did you stop looking at fundamentals? i found that your earlier fundamental analyses had a good medium term predictive power, but read just a few.

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Unbelievable how well you score with shorts in an upward trend.

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uff this was some hard change of course from clarida

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Imho it is damn bullish, today's "squeeze" was a poor fake to lure bears into more shorts, the real thing is still to come.

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You were patient - have you bought or still waiting for below 1.2240s?

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Perfect rising wedge in DXY on M15

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I like that you always caution no rush, because in my early bird losing trades I mostly tended to rush. The market always looks like one has to rush to get in.

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Here is the full channel - the dotted lines are not perfectly nice as they don't have symmetric distances, but I thought your resistance looks like the upper dotted line.

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Many thanks! The resistance you show is half channel, but we might make the full channel.

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image

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Hey Traderview, where are you shorting please? Thanks!!! I think Ata's 1.2272 is good for selling in case it wants to form a wedge. After that I would see chances for a spike above 1.2350 to complete the current channel.

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you were so sure that you wrote it twice bulls are yet to teach you humility

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So far so good - maybe you are the next Shakespeare - your tale just needs to rhyme a bit better So tomorrow 1.2265

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You are having a good day today..

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Hey Traderview, are you still short? What's your view?

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Hey Zippo, ja passt soweit, danke US Services PMI quite strong, might retest 1.2152 now. Happy I sold some lots at 1.2232 earlier... But still massively long

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Not a surprise to me that the ECB wants to keep buying bonds unteil recovery has well started. Think it is more euro positive as it stabilizes rather than causing overheating. Let's see. In their recent report is already bacame very clear that they ...

EURUSD only

But then again, the same rising wedge in EURUSD is broken to the upside as long as we are above 1.2210, so it is really an ambiguous situation. However, the next currencies with a strong weight in DXY are GBP and JPY. GBPUSD is showing a rising ...

EURUSD only

I don't expect it from a fundamental view, but technically there is a risk of a correction towards 91 region. Sold 10% of my EURUSD longs at 1.2232, still waiting for a new high actually so that MMs can take stop losses.

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