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MnrComposite replied Dec 31, 2020so far this playing out better than expected. As time goes on from the start of the green boxes, the likely hood of 1.2310 over 1.2210 becomes less probable. Coupled with the new drawdown low from the start of the green box, 1.2210 is looking more ...
EURUSD only
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MnrComposite replied Dec 30, 20201.2310 hasn't been reached yet. It was ALMOST reached but then quickly sold off. It's not likely but could see a nice little dip here. Looking for 1.2210 before 1.2310. Based on the latest data, I estimate this trade has anywhere from a 50-70% ...
EURUSD only
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MnrComposite replied Dec 30, 2020If we are below 1.2283 in 1 hour and 15 minutes! the longs are looking good!
EURUSD only
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MnrComposite replied Dec 30, 2020Thoughts on EURUSD. The long side is looking very ripe still. That move from 1.2180 to 1.2250 was great. USD is weakening across the board against all majors so there is definitely the momentum for the move to continue. Potential Entries: 1. If the ...
EURUSD only
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MnrComposite replied Dec 27, 2020Today’s open should be interesting. I still estimate 1.2250 is more likely to come before 1.2150 but anything can happen. 1.2180 will likely continue to be an area of serious accumulation.
EURUSD only
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MnrComposite replied Dec 23, 2020The market's fighting it! Could break any second though now that I am commenting on it
Personally, I think we are more likely to see 1.22508 before 1.21508. I estimate a roughly 70% probability of heading to 1.22508 next based on the 12/19 ...EURUSD only
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MnrComposite replied Dec 23, 2020Fading Short Cross of 200 MA. One of my favorite trades. image After the 200 cross, the market has chopped around and churned upward. Entered on the confirmation of the setup looking for a false breakdown.
EURUSD only