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nic9man replied Jul 1, 2020Is this forum also intended for discussing economic content or mostly chart patterns? Because I am puzzled a bit that the euro does not react to the great numbers we just saw with German retail sales beating expectations. Is this market reaction ...
EURUSD only
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nic9man replied Jul 1, 2020Just to clarify, "bull hopes" related to the EURUSD not the DXY.
EURUSD only
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nic9man replied Jul 1, 2020Attached a picture of a very long-term DXY diamond pattern (monthly candeles) in order to illustrate that this might well be a long-term decision zone for the USD in general. In the area where the diamond ended we had three masssive fake breakouts ...
EURUSD only
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nic9man replied Jul 1, 2020So nasty this zick zack, bears seem to win again. Maybe the PMIs give a clearer direction today.
EURUSD only
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nic9man replied Jun 30, 2020Haha, indeed! What are the geen/red candlelike figures if I may ask?
EURUSD only
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nic9man replied Jun 30, 2020A question to you guys - do you know a good source for long-term historical tick data time series which you would like to share?
EURUSD only
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nic9man replied Jun 30, 2020I will stick with my longs (which I have been holding since April) targeting 1.16-1.17 but set a stop loss to 1,1170 now. Shed quite some blood the last days while the bears were having a feast. Technically today hopefully marked the last bear ride ...
EURUSD only
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nic9man replied Jun 29, 2020Damn you guys are so bearish. The support line is still intact and the risk premium is now slowly being reaped due to risk-on. I keep my longs, aiming for 1.16.
EURUSD only
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nic9man replied Jun 29, 2020Brutal data, but I reckon this should rather help the euro eventually as the safe haven premium in the usd can be eaten slowly now.
EURUSD only
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nic9man replied Jun 29, 2020To me the overall pattern looks bullish. The falling wedge which I posted on the 18 June was completed as expected with a breakout to the upside. Afterwards the lower support line was retested and a potential breakout ended as a fake. I think the ...
EURUSD only
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nic9man replied Jun 26, 2020Hi Ata, this entry would have made you some money - may I ask why you switched to a higher entry instead?
EURUSD only
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nic9man replied Jun 18, 2020Good evening guys, I believe that we are currently in the peak of a falling wedge and hence in a bullish chart pattern although it feels quite bearish. Of course all will hinge on European leaders making good progress tomorrow, but as Germany and ...
EURUSD only