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nic9man replied May 19, 2021FED minutes revealed that some FOMC members would find it appropriate to begin the tapering discussion in one of the next FED meetings if the economy were to continue on the path of quick recovery. Not sure if this really is a big surprise, at least ...
EURUSD only
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nic9man replied May 19, 2021Why should they, central banks are dovish and economies improving. In any case it might herald a big USD short trade if the USD would not work as a safe haven any more. Let's see.
EURUSD only
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nic9man replied May 19, 2021Also quite remarkable that the USD does not act as a save hafen right now.
EURUSD only
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nic9man replied May 19, 2021It's perverted that 1.2222 seems to be the fix point only because the number looks cool.
EURUSD only
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nic9man replied May 19, 2021If M15 stays below 1.2202 it could mean that the falling wedge in DXY won - because it still looks perfectly fine.
EURUSD only
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nic9man replied May 19, 2021Your trade has good profits, so you made everything correctly so far, just wanted to mention that according to my memory your wave scenarios had significantly weaker forecasting power than your usual trades, at least when I followed them. Just to ...
EURUSD only
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nic9man replied May 19, 2021Critical retest being conducted right now at 1.2202, however, three lines support at the same time.
EURUSD only
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nic9man replied May 19, 2021My scenario for a super squeeze as we are nearing 1.2350 tops. Might also go higher directly of after the correction. Next I expect a fake breakout of the shown channel to the upside into 1.2350 region followed by a break back into the channel but ...
EURUSD only
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nic9man replied May 18, 2021Thanks man - how do you come up with such a nuanced monthly forecast if I may ask? Just guessing based on experience? Personally I am still waiting for a monster squeeze, where price jumps 4-5 cents in two weeks after making a new high. Would be ...
EURUSD only
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nic9man replied May 18, 2021Thanks a lot! Personally I am not shorting anyway below 1.28, but I am looking for good opportunities to sell some longs and buy back lower..

EURUSD only
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nic9man replied May 18, 2021Hey Traderview, do you already have a take profit in mind? Is your stop-loss still the same?
EURUSD only
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nic9man replied May 18, 2021Think 1.2204 has to hold on M15 in order for the uptrend to be intact, otherwise it might have been a fake breakout to the upside in the EURUSD wedge since the DXY wedge seems fine.
EURUSD only
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nic9man replied May 18, 2021tricky, in DXY the falling wedge seems still valid while in EURUSD the equivalent rising wedge it is definitely broken to the upside.
EURUSD only
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nic9man replied May 18, 2021The only relevant question now is, if the FED stays dovish like now despite inflation or not. If yes, the dollar will keep flushing down the toilet, if they switch to hawkish dollar will fly.
EURUSD only
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nic9man replied May 18, 2021Imho we will retest 1.2198 and maybe 1.2175. Upon fail we might go down to 1.21, but I would expect 1.2198 to support for now which would imply upside potential to above 1.23.
EURUSD only