Have a nice weekend PT and rest of the crew from EURAnalysis. I'm off.

EurAnalysis

defaults, RSI(14), MACD(12,26,9). I don't think finding some personal values for them gives me and edge, rather looking at what is general seems better. My view..

EurAnalysis

Looking back at charts, you find analogies, not reasons. And divergences are way too evident when looking back, and not too clear when looking forward. Have a great weekend too!

EurAnalysis

You are right, price making a new low, CCI not. But that is mainly because he uses a small parameter for the indicator and gets easily oversold [also shows way too many false divergences] and secondly that candle was still red, if the move down ...

EurAnalysis

I hope you realize that you wouldn't have any divergence if the price didn't open higher with a gap..everything was normal on those indicators on Friday. The importance of gaps is mainly because it appears on the brokers feed, so it is not important ...

EurAnalysis

EURUSD_hourly — Is this chart visible? it didn't show in my last two post image nevermind, I don't think it shows. here's a link: url

EurAnalysis

EURUSD_hourly — image

EurAnalysis

EURUSD_hourly — Being bullish only gives me this view... image

EurAnalysis

EURUSD_h4 — Also, on the H4 the down move is weakening... image

EurAnalysis

I'm long from 1.2930 and yesterday missed a pending buy from 1.2905 Earlier, I also posted a chart on the hourly, from which I think we are done 5 waves down, now waiting for a correction. But, price will tell....

EurAnalysis

I am already long and will keep adding if it gets into 12850 for any possible bullish setup on lower timeframes. A break of 1.2850 might ruin my plan.

EurAnalysis

EURUSD_weekly — This is why support at 1.29 is so IMPORTANT !!! I am building longs from here and any pace lower into mid 1.28-1.29. image

EURUSD

EURUSD_weekly — This is why support at 1.29 is so IMPORTANT !!! I am building longs from here and any pace lower into mid 1.28-1.29. image

EurAnalysis

EURUSD_hourly — Euro has hit a bottom in the 1.2900 area and now should be up for a correction. From an EW standpoint, three waves down are down, a correction till 1.3100 should follow. Good luck and trade safe! image

EurAnalysis

EURUSD_weekly — We might be heading down to complete the weekly candle. The retest is done! image

EurAnalysis

I agree, good resistance, thus selling at 1.3080-100 seems good for now. Will see tomorrow what has changed.

EurAnalysis

Awesome video =)))))

EurAnalysis

Wanting to ask you, when you took that short at 1.46, why didn't you also changed your base account currency in USD? Keeping it in euro took like 10% of your account value [dollar reference]. That trade seems more like a hedge..

EurAnalysis

The only language problem here I think is the equivalency between market talk=information. But, moving on..

EurAnalysis

ADD: Lesson to learn: Do not trust market talk - use the information for your benefit, but do not rely on it. Re-read what you posted above. I suppose you are the gossiper among your social group. And be carefully with your words

EurAnalysis