No argument there, my friend. I am talking "herd" mentality. The manipulators know that greed suckers a lot of the "herd" to jump in when they see the PA pop up. If that is what the big boy manipulators want, then they will pop up the PA as many ...

EURUSD

They continue to pop it up to previous S at 1.3242, testing it as R now. But also, these pops may be intended to suck in all longs standing by....better to get them in up there, and then lock them out when they finally dump! IF this is the ...

EURUSD

If the big boys are planning to drive it down, they do not want resistance (buyers) in the way or it will cost them more to drive it down. So they pop it up to test if buyers are standing by ready to buy. If few take entry long on the manipulated ...

EURUSD

You could be right. On the other hand, this could continue on down. Current PA early in this new session has been non-commital. A break down thru previous low may change that, if it happens.

EURUSD

I'll go with Bear Channel on that one, and when all this is said and done, we may have a very ragged H & S, too.

EURUSD

EU H4 Chart: Possible target S&R area.....

EURUSD

I am in agreement with you.

EURUSD

It already happened.

EURUSD

EU M1 Chart: This may be a Top. Both BBs are pinched. What looks like nice "sell off" volume at the highs. PA dropping below TL and "Cloud" .... (not a recommendation to buy, sell, or hold). Edit: Updated screenshot after drawing FE across more ...

EURUSD

Stocks ARE down! They have been moving down FOR MONTHS! They are so low now, that trying to tag the absolute low is nothing more than a hair splitting exercise in futility! Nope, if your logic is that they are "going down" and on that basis we ...

EURUSD

400% level + 23.6% = 424% rounded. No matter. It is just a level I have found works time and again.

EURUSD

My view of the Daily chart is the PA popped up to the 424% fib extension from the previous Bollinger band squeeze.....that is where it failed. It has ranged sideways (consolidation area where the big boy players are selling their longs and buying ...

EURUSD

Yeah, look at all these Bear Channels.....one right after another. Players are really concentrating on sucking in traders to go long, while they take the short side for, what(?).......another leg down!

EURUSD

Now 110 pips down from original post........

THV system, final edition

EU M1 Chart: Bear Channel......looking for another leg down.

EURUSD

Better test them for U235 before importing....... Dont't want his girlfriend looking like an RV running down the street with flourescents underneath......

EURUSD

Has anyone consulted the girlfriend? I mean, afterall, this sh*t is made in china......!

EURUSD

I went in short again on the spike up (visible on M1 chart), avg around 133.07 short now on EJ...... Regarding EU, I would not be surprised to see this pull up to yesterday's LOW at 1.3227 before turning once again south.......

EURUSD

What has happened with the EJ also happened with EU. IMHO best now to await another setup. This may be where we are headed, though....

EURUSD

EJ M15 Chart: If PA breaks below triangle, then looks like S2 is target because it is the required distance away from breakout based on maximum height of triangle ("H"). Edit: Add second chart showing PA already down 100+ pips in 26 minutes from ...

EURUSD