EURUSD outlook

That's true and I have also learnt that as a trader don't focus on one thing, there was a strategy I always like trading NTR (natural trend reversal) it always occurs at turning points but I combine it with New week opening gaps and if price after sweeping the highs or lows that caused the new week gap reverse and close above the gap that zone becomes very strong why because the gap jump itself swept traders out and there was a sweep again around there for those that traded off the gap , so now it's to place your limits just at the last block of the bulilish or bearish move but it must be with a strong momentum, leaving a fair value gap, so that happened on EU days ago but didn't see it because I was busy with breakout and reverse, I could have smashed it

Marked out the gap low and the low that took out the liquidity following with a strong momentum upward giving an fvg, its successfully 75% of the time

That's true and I have also learnt that as a trader don't focus on one thing, there was a strategy I always like trading NTR (natural trend reversal) it always occurs at turning points but I combine it with New week opening gaps and if price after sweeping the highs or lows that caused the new week gap reverse and close above the gap that zone becomes very strong why because the gap jump itself swept traders out and there was a sweep again around there for those that traded off the gap , so now it's to place your limits just at the last block of the bulilish or bearish move but it must be with a strong momentum, leaving a fair value gap, so that happened on EU days ago but didn't see it because I was busy with breakout and reverse, I could have smashed it

Marked out the gap low and the low that took out the liquidity following with a strong momentum upward giving an fvg, its successfully 75% of the time

Current expectation:

📉 Retrace into demand.

📈 Resume bullish trend.

Simple plans are often the most effective.

Price has traded higher already and my direction has changed

The best trades rarely come after a huge impulsive candle.

They usually come after the retracement.

That's what I'm waiting for on EURUSD

We will have another entry maybe next week

Current expectation:

📉 Retrace into demand.

📈 Resume bullish trend.

Simple plans are often the most effective.

The best trades rarely come after a huge impulsive candle.

They usually come after the retracement.

That's what I'm waiting for on EURUSD

It may gain strength this week though because EURUSD is bearish

Price has finally taken out that external high, so i can comfortably look out buys

EUR/USD buy or sell? Which should we do because price is falling?

Yeah. last week was sells, this week is buys.

Now it's all clear. The retracement will really be good for the buy continuations.

The simplest setup is the one that plays out well but if you complicate things it doesn't really go well, I believe that if you look at the chart for 30 sec and you don't understand the price movement don't trade it, within 30 sec you were supposed to understand the whole price movement, like the fib retracement am using

Although before next week price will surely drop to 23.6 level of the fib retracement

Price is still reversing from the upper level, let's just wait for it to get to a demand level and observe it's reaction

Next week will definitely be buys

Yeah. It should sha give us a decent pullback so we can join the buys. not this thing it is doing