Hidden activity at key levels in the EURUSD marketThe chart tells a story and the story unfolds bar by bar
ED1! trade ideas
EURUSD: Supply hits market but it is supported at key levelsThe chart tells a story and the story unfolds bar by bar.
I did not post yesterday's bar analysis due to an error with the charts and the data feed. I am sorry but it was out of my control.
Be cautious, FOMC Meeting Minutes today (2015.05.20) at 19:00 GMT. It will likely create high volatility, and fast and big moves in the market. It is strongly recommended to either close you positions or manage them accordingly to the possible extreme market conditions during and after this event.
EURUSD: Demand overcoming supply below key levelsThe chart tells a story and the story unfolds bar by bar.
EURUSD shows hidden selling on new highsThe chart tells a story and the story unfolds bar by bar.
NOTE: This chart has a correction on the analysis of bar 41. The close on the middle of the bar shows weakness, however it is responding to the strength of the previous two bars (39 and 40) with increasing volume but not excesive. Remember that high quality supply will appear on high volume up bars and bar 41 is not the case.
EURUSD No place for bears, yet. Increase of buying pressure.The chart tells a story and the story unfolds bar by bar.
Major Sign of Strength: Confirmation of No Supply on the EURUSDThe chart tells a story and the story unfolds bar by bar.
Today's analysis is a very good example of why it is really important analyse the market bar by bar.
EURUSD testing supply (Waiting for confirmation)The chart tells a story and the story unfolds bar by bar.