Hey guys! I hope everyone has been having success in the market lately. Sorry for the hiatus. I am usually not in the market this time of year but I did want to drop a little something before taking off until January. Please be mindful of trading this time of year. Market volume is known to slow up and daily ranges become smaller and smaller. More and more...
Hey guys! Hope you all had a great weekend. As stated in the previous analysis, we are currently in L1. The next move we are looking for will be a move trading away from the peak high. Because we are in L1, we are NOT looking for longs. Shorts only. Remember to use the DXY gauge direction in EU. The two have negative correlations. Happy trading! *Please use...
Hey guys! That drop was sweet. Congrats if you caught it. Since we now have a break of the low the MMM short cycle will have started. At this point, it's best to wait until Monday or Tues to wait for an entry. Remember to always use the DXY to gauge the direction of EURUSD. Happy Trading *Please use proper risk management when entering a trade. The information...
Hey guys!! There we have it! Our L3 push in EU. If you are in the trade, please manage accordingly. Be cautious in holding any shorts until we officially have a locked peak. There is room for price to continue higher. We do have red folder news on the way and I do not recommend holding open trades through red folder news. Further analysis to come. Congrats guys!
Hey guys! So far we are seeing the long cycle play out as projected. We are looking for on more level of rise however price is currently struggling to break yesterdays high. If you are in this trade please manage accordingly. Happy trading!
Hey guys!! Been having connection issues like you wouldn't believe! Our analysis is showing us the MMM short cycle is playing out rather nicely. I do believe EU has some room to drop before we can begin to hold a position long. The daily is trending short. We still have a London pattern 2 playing out from today's London session. If you caught this move, manage...
Hey guys! I hope everyone is having a great weekend! We have a beautiful cycle playing out as expected. The bullish harmonic on the H4 is still in play. Just like I said before, L2 is where we see the most resets. With that being said, it's very possible price may retest the low before heading up. Since we are in L2 it is okay to trade both ways but always be...
Hey guys. We finally got some action long. It is possible the come back to the low one more time. But I do see a small H&S pat which is a solid peak. Our H4 bullish harmonic is in play. We will be looking for longs only. No more shorts until we reach L2. Be ready for a possible move near the zone flip. Happy trading! *Please use proper risk management when...
Hey guys! We still do not have any official confirmation telling us EU is ready to reverse long. The daily is trending short. However, we do see stacked 3s in L3. This is a good indication that price may be exhausting and getting ready to reverse. We also have a bullish harmonic on the H4 since right near a "00" price point. The DXY appears as though it's also...
Hey Guys! Right now we see a macro M in L2. Seeing an M/W in L2 is very typical. Keep watch to see if price breaks daily open and continue to keep dropping If you are in this trade, manage accordingly. *Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
Hey guys! I hope everyone's week is off to a great start! From the way this week has started, it appears as EU had created a macro M and starting a cycle to the downside. We are sitting a zone flip on the daily so there is a possibility there may be some opportunities for short term buys. We do have a bullish harmonic on the H4 and the H1 showing L2 short. Because...
Hey guys!! I hope everyone's week is off to a great start so far. Our EU short cycle is still in play however we do see a possibility for a reset in L2. Be ready to trade both ways during London. There will be a lot of news during NY tomorrow. If you choose to hold trades through the news make sure they are managed. It's my suggestion that no one trades during the...
Peace guys. I hope everyone had a great first half of the week. So far our bias is playing out as expected. The market makers to tend to stand aside in L2 and let the retail traders have at it. This is one reason we tend to see most resets happen in L2. The daily is trending long and we saw the day close with a wick to a daily zone flip. On the H1 we see price...
We had a beautiful cycle play out long after the reset. Three clear pushes. We just under 3xadr. Today is Friday and since there isn't much news the market could very very slow for the day. Remember, the best times to enter are AFTER the stop hunt at the beginning of both the London and New York sessions with a nameable (M/W/H&S) pattern. That's it for this week...
It looks like our peak reset is still holding. With DXY also looking like a reset, we are looking for positions long in EU. Don't marry a direction. Keep an open mind and see the market from both a buyer and seller perspective. Happy trading. #thepowerof3s #reactdontpredict
Not much has changed from our previous bias but I do want to make everyone aware of a possible peak low meaning there is a chance we could see EU reset long. Trade safe and keep an open mind when taking a position. #thepowerof3s #reactdontpredict
We're just under 3xadr and could see the peak form soon. The long cycle played out very nice. While it is safe to trade both ways in level in 3, in this situation, the safe play to wait for the peak to officially lock signaling shorts. There is a bearish harmonic on the H4 but no official peak. Remember to always use the DXY to gauge price movement on EU. Timing...
So it looks like we got that extension long in L3 after all. We won't be looking to sell until we have an officially locked peak. Long cycle complete. Congrats to everyone who took a piece of the action. #thepowerof3s #reactdontpredict