M15: I am trailing stops to 1.1627... Let's see how far bears can drag this..

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You're welcome. To explain it simply: I shared my H4 chart earlier. To answer your question I grayed out everything unimportant. Just see the bearish channel. Catch the candle that breaks out. Remember still bearish environment! The chances of bulls ...

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Big fight for 1.1635 has begun...

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M15: Keep it simple... Stick to trend... I keep selling as long as candles open below 1.1638...

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On DAILY we are probably nearing the end of a bearish wave 4... Next a bullish wave 5 up must follow to complete 3! If that is true, bears are currently trying to retest 1.1580/90 area... They need to be convinced that it really is a wave 4. I am ...

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H4: According to my system, H4 is the dominating chart for today. Therefore I am currently watching highly crucial 1.1635... A candle close below can speed up bear move drastically! H4 is bearish! D1: support sits at 1.1618! H4 bears can still push ...

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One more thing: Please watch D1: 1.1654 carefully... It could act as strong resistance as mentioned earlier. Peace out...

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Lol... of course we have a trump tweet before the day ends.. 1.1631 is such a lovely lovely level... anyways... see yah'

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M15 From here on forwards I stay away from buying as long as candles open below 1.1643... BUT the closer price comes to 1.1631 area then we could start risking scalper-long chances. Just know that you must take profit as soon as price rises back to ...

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Always make sure to tighten your stops whenever price comes close to an important resistance level.. That way you don't give back most of your profits and if you get stopped out earlier than planned you can always re-enter with new opportunity. Get ...

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Oh I see.. ok then...

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So you are saying everybody knows about 1.16535 already and I should not bother?

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The problem is 1.1654 on D1.... Currently it is acting as resistance... no pass through for bulls... Waiting and tightening stops...

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I have my stops at 1.1634... waiting for progress to keep trailing... Let's see..

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M15 tells me to stay long.... as long as 1.1636 area acts supportive... Target would be 1.1685 area...

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Based on DAILY, I suggest to focus on 1.1617/1.1593 area... That zone might provide strong support and bounce up.. Don't rush but the time to look for longs is slowly nearing...

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I have stopped answering questions regarding to Effortless Trading because that was the part where most of my ideas were given. BUT I keep improving the system behind the scenes every day non-stop. I will not share though. Since you asked, I ...

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After every lasting trend, this pair always becomes stiff and hesitant for a long time... Just make sure not to rush!

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M15: Higher timeframes maybe have to wait but on this one I have started scalper buying... 1.1622 area is nearest support... *Also remember 1.1639 (H4 resistance)... Happy new trading week folks

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H4: For Monday, and assuming we have no gap opening, I have marked 1.1639 as my nearest resistance.. As long as H4 candles open below it, no buying! Happy Sunday folks and see you after London opening... Peace

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