FadeMeIfYouCan

FadeMeIfYouCan

After Wednesday's sell down, price action near term price action showed a recovery and I said to short from higher up. Indeed, we saw a move up of over 50pips before an ability to move higher, and it just closed back near the lows. However the lows still hold. Not exactly bearish though IMO, but could be early to say lows is in in terms of daily candle. For lows...

FadeMeIfYouCan

I was somewhat wrong on the direction yesterday but intraday levels worked great. TBH, I was not sure about the direction of move yesterday. I said that it does look bearish and if it goes up first, could see the sell down lower. And it nicely hit 1.0513, sold down to 1.0468 level for 45pips, which I said could be a bounce point and well it did bounce back to OP...

FadeMeIfYouCan

I was bullish EURUSD yesterday but it made a new high then came down to level below, before recovering but closing with a bearish candle. Is the highs in? Or is this just a pullback for another leg higher. This IMO, is a tricky question. With yesterday's bearish candle, I do see a move lower. Thus a possible scenario, if I am overall bullish, would be, for price...

FadeMeIfYouCan

EURUSD made a good down move to the buy level and closed higher as per plan given. Overall, I am still bullish for a move higher; could see a pullback to PZ for a long for a move higher, with 1.0565 as near term price target.

FadeMeIfYouCan

EURUSD made a new fake low but broke higher on Friday. Possible low is in; looking for a possible re-test of PZ for a long to target 1.0566.

FadeMeIfYouCan

I was bearish EURUSD yesterday; I said that based on the daily price action, the low is not in yet. And levels worked out perfectly yesterday; it hit the level and sold down to lower level for 50pips, bounced, but was rejected again to close near the lows. Overall, I am bearish for further downside until shown otherwise. Looking at 1.0498 to hold for a move down...

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I was bearish EURUSD for a move lower yesterday, then a bounce off 1.0476 strong level. EURUSD did not go up to 1.05552 sell level but we got a nice level to level move, from PZ to 1.0494, bounced back down before a move back down. Yesterday closed as a red day. I did said on weekly, we could see an up from here, but based on price action, I do not see a low yet....

FadeMeIfYouCan

We caught the whole EURUSD move as per algo level path given yesterday; a move higher to re-test strong level at 1.0564 for a short down to 1.0500 level and a long to 1.0534, all played out to perfection. I said that 1.0500 is a potential low and market bounced from it. Is the lows in? To be honest, based on the current price action on daily, it is not so easy to...

FadeMeIfYouCan

I called for a move lower for EURUSD yesterday off the PZ. EURUSD came down, rallied higher, nicely to PZ and sold back down to close near the lows for a good 45pips or so. I will not say that yesterday's price action is bearish. IMO, the thesis which I gave yesterday is still valid, that is, EURUSD is coming down into support. But I am expecting buyers to come...

FadeMeIfYouCan

I was more bearish EURUSD last week towards the end of the week. On Friday it made a new high before coming down. Price action points to the downside on daily, though on weekly it is a doji, which IMO could indicate just a consolidation after the previous up move. I will be looking for downside before any bullish confirmation (that is, could see buyers come in...

FadeMeIfYouCan

I was bullish EURUSD yesterday and I said that there is nothing bearish, and it worked out perfectly. I did give a lower buy level to go long off; no, it did not hit, but price based perfectly at the PZ given and it moved higher and price is attacking Wednesday's high. I would say that market did not give much of a pullback to the ideal level for the long, and...

FadeMeIfYouCan

I was bullish EURUSD yesterday and it made a good up move, without a dip though. Price just based near the PZ and just rallied higher and is now pausing at the strong level. Overall, I see EURUSD has the potential to move higher to 1.0660 before a rejection and move lower. The situation now is that EURUSD has sold down greatly but now looked to have bottomed...

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EURUSD sold down early yesterday on Trump's tariff news which gave the perfect long. I said to look for a move higher from 1.0430 and it was the low as it rallied over 100 pips going up to 1.0544 strong level before pulling back half way. What's next? Daily candle closed red with long upper and lower wick. We see a down move from 1.0544 to 1.0440 which is quite a...

FadeMeIfYouCan

I was bearish EURUSD on Friday but with the gap up yesterday, I said that EURUSD is looking to go up in the near term, regardless if the gap is going to close. Yesterday, we saw a nice move between the levels, a dip to 1.0454 strong level, then an up move to 1.0514 strong level before the flush down and this morning, EURUSD hit the buy level I gave yesterday,...

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I was bearish EURUSD for Friday, looking for a re-test of 1.0518 strong level for a rejection and move lower. However, the rejection came from an earlier level at the PZ and it gave an insane 160pips flush down hitting the strong level at 1.0334 perfectly before the recovery and today it gapped up and price is back to Friday's opening price. I see this gap up as...

FadeMeIfYouCan

I was wrong on the move for EURUSD, but levels worked well. Why so? I was looking at price to base from open and then move higher. Instead, EURUSD came down and tested the strong level at 1.0514 strong level perfectly which gave a good long for 30pips. But it was a case of a down move - bearish, and it made a lower high, a rejection off 1.054 strong level in...

FadeMeIfYouCan

Yesterday, I was looking for a dip to make a higher low for a long for EURUSD. Indeed, EURUSD did come down to the double support which provided a relief bounce to PZ and a second flush to 1.0514 strong level which gave an even better opportunity to look for longs for a move higher, 35 pips from lows. Current thesis is the lows are still holding, thus looking at...

FadeMeIfYouCan

I was bullish EURUSD yesterday, looking for a dip to go long off. It was a huge dip TBH, but the double level support worked perfectly as EURUSD closed near the highs. Daily price action is a candle with a long lower wick which IMO should see another re-visit of the lows. Overall, I am still looking at 1.0546 to hold for a move higher for today.