Worm In The USD Apple!!

By ridethepig
Updated
An live example of position execution in EURUSD...Vol has been trading at all time lows with EUR in a 10 tick weekly range. I am looking to fade the extremes.

For the execution here we have infamous Worm In The Apple alerts triggering... I am going to give some room for bears to run the stops to the downside again. In usual circumstances it will be a good opportunity for bears to load, however smart money who understand the macro flows in play will ping the lows into year-end.

This is for expert traders only, for those new and first timers who haven't played "Worm In The Apple" you can see a live examples of the exact same flows in GBPJPY here:

Worm In The Apple - Live UK Election Debate Coverage!


An example of positioning in GBPJPY


For the macro flows we can comfortably lean on the next wave in EURUSD:

Chart of the Week !! - EURUSD (Weekly) - ridethepig


Lastly the Long-term chart from 2018:

 Birds eye view ... long term EURUSD map


Those tracking the buy side can use this chart to know in advance that 1.0975 will be bid, a lot of demand interest from private clients I work with
month and year end positioning in play. Genuinely most of the time the stops will only hold on a solid price driver, the move down I expect to be soft and flimsy allowing transition of ownership.

Best of luck all those looking to bid the lows, please keep the support coming with a like and comment your ideas, suggestions and questions.
Comment
Eyes on the apple !!!
Trade closed: target reached
TP1 hit
Trade closed: target reached
Well done bulls... 1.109x TP2 hit!
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