Why do you expect the price to go that high? Looking on a Monthly chart - I see 1.08 is the MAIN TARGET area. We did clear all the stops above the previous 3 months and now it's time to go DOWN. IMO

EURUSD only

I'm waiting 1.1105 to get on the BUS.

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You need a reasonable SL for this trade. At least 1.1125/30

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IMO 1.1120/21 is the highest that it will go, but overall I see the same as you.

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Just as expected we made a new weekly high and now just a little more to 1.1105 and then DOWN. Lets see

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I see that eurusd is going to make a new weekly high first and then go DOWN to around 1.1025. Ill open first short at 1.1105

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Just perfect price delivery!

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IMO we have STOPS above yesterday's HIGH, so I see market spike to 1.1106 and then DOWN to 1.1025. Considering all the holidays, this is what I see in the next couple of days. Time will tell. New BUY order at 1.1073 TP 1.1105 SL 1.1045 Also looking ...

EURUSD only

So far as planned New SELL order at 1.1092 TP 1.1025 SL 1.1130 Will add another at 1.1105

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image Stops taken lets see if market can push a little higher. Will open first short at 1.1092

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This is what price always doing - before it gets to a level, it stalls or retraces to trap the traders in the wrong direction and then it quickly goes the other way. This is my understanding.

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It can spike up to there no problem but then price should reject and quickly fall. That's just my opinion. Like you said - time will tell. Green pips to everyone.

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As of now, this is my view for upcoming Mon and Tue. It might change if we open with a nice gap to the downside. Will update on Mon morning after London Open.

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All I was trying to show is that many traders say that the market is unpredictable, but IT"S NOT TRUE. I WISH YOU ALL THE VERY BEST!

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Before INSULTING others, check the last post on the page 4964 - MRBULLshitBEAR.

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I see the closest pocket of stops at 1.10776 based on M5. Lets see if they want to take it before continue DOWN to 1.1050 area. IMO at this late hour, price is going to take STOPS at 1.10776 and END the week at 1.1080 + - a few pips.

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Just an UPDATE. Of course my system is not as simple as this. It took me almost seven years to develop a system that I'm using now. But it's just a pure price action with NO indicators or other NONSENCE. IF YOU REALLY UNDERSTAND THE WAY THE PRICE ...

EURUSD only

IMO it's getting late for the market to retrace higher, we have a down day and the only way for the move to continue is DOWN.

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We have news coming in about 5 min. Next target to the downside is 1.1069. Lets see if MR FOREX wants to take those STOPS.

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OK, sorry

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