Well, I think we can expect things to get worse for the Euro as noted in the relevant COT report posted here. The question that remains unanswered is will we actually see a correction first?

EURUSD

You're welcome.

Simple Monday-Tuesday System (attached calculator)

It's finviz: url

Simple Monday-Tuesday System (attached calculator)

The Euro is showing a lot of strength today. I am anticipating it will at least touch the Average Weekly Range, which is about 42 pips away. I am also looking for a possible retracement. If this is a correction playing out, then I expect it to go ...

EURUSD

I agree that it is high risk at this point. Even if it goes up to the supply zone you mentioned in an earlier comment, I am expecting to see yet another retracement. This system will likely come in handy for tomorrow.

EURUSD

hahaha

EURUSD

Folks, let's not forget the strength of this bear market. Counter trend trading is risky. We need to close above the red line and retest to be in the clear. For those who got in lower, well done. image We have reached the Average Daily Range. I ...

EURUSD

Don't forget to draw your yellow line. And if you don't know the significance of using DXY for technical analysis on EUR/USD, then you need to dig deeper. image

EURUSD

Looks like we are going upstairs. image

EURUSD

Did you see this post? Take note of what I said about the green lines. It seems people in here are not taking my contributions seriously. Maybe I need one of those red diamonds to get respect.

EURUSD

Actually, we can see the order book, as Oanda provides access to such information. However, there are better options, such as FXSSI.

EURUSD

As I mentioned earlier, when you see an abnormally large spike in volume, there is a high probability a retracement/reversal will happen sometime in the near future. Though Tick Volume isn't as good as Real Volume, it still plays an important role ...

EURUSD

I think it's possible that we can still go up to the supply zone you noted in an earlier comment. But ultimately, I believe we are going much deeper. We might even see a new all time low at some point. The EURO appears to be toast.

EURUSD

I figured this much, too. I mentioned the possibility of such a gap here. So we are likely going to be moving up as the dollar faces a minor correction.

EURUSD

Such an EA would have to be created by a professional coder to be done right. Otherwise, trading this strategy using an EA could get messy.

Simple Monday-Tuesday System (attached calculator)

Thanks for clearing that up.

EURUSD

I also looked at the COT report, and being that this is something new I have added to my analysis, I wasn't sure about whether to give more weight to commercial or non-commercial buyers and sellers. So basically, what you are saying is more weight ...

EURUSD

1. The Daily Candle closed as Bullish Engulfing. 2. The volume for candle 'A' is 84,727, and the volume for Candle 'B' is 82,601. Even though candle 'B' is much larger than candle 'A' but has less volume, I do not consider this to be an anomaly. For ...

EURUSD