Inside the Currency Market: EUR/CAD

We caught this trade late, highs were seen at reported 1.4931 then reversed to 1.4803 lows. We caught 1.4838 to 1.4803 lows.

EUR/CAD. Bottom. 1.4739. Range break above 1.4882, Below 1.4745. Overbought sell point 1.4894. Strategy. Long above 1.4814, Target 1.4894. Then reverse short to 1.4854 and break of 1.4814. Points on the way up, 1.4821, 1.4839, 1.4857, 1.4875, 1.4894.

Shorts below 1.4813, Target 1.4776, Watch for reversal long to 1.4813. Break 1.4776, stay short. Points on the way down, 1.4807, 1.4798, 1.4789, 1.4780, 1.4776, 1.4759, 1.4739 Bottom.

Brian Twomey, Inside the Currency Market, btwomey.com

Inside the Currency Market: EUR/USD

Review last trade. Long 1.1211,target 1.1271 Dead Stopped 1.1278. Then recommended reverse short to 1.1237 hit perfectly. Longs paid 67 pips, Shorts +40 for +107 pips.

EUR/USD. Bottom 1.1186. Range break above 1.1294, Below 1.1191. Overbought sell point 1.1303-1.1326. Strategy Longs above 1.1243, Target 1.1303. Reverse short to target 1.1244. Points on the way up, 1.1249, 1.1263, 1.1278, 1.1290, 1.1303, 1.1326.

Shorts below 1.1242, Target 1.1214, watch for reversal back to 1.1242. Points on the way down, 1.1238, 1.1232, 1.1224, 1.1217, 1.1214, 1.1200, 1.1186 Bottom.

Brian Twomey Inside the Currency Market, btwomey.com

Inside the Currency Market: EUR/CAD

The big line break for EUR/CAD lies just above at 1.4856 while a further line above exists at 1.4964 and currently trends lower. Ranges in EUR/CAD are extremely wide, currently 524 pips yet until the China open ranges are exactly 52 pips wide. Current price just hit its Overbought sell point at 1.4931 so we could see price move lower from here. Current price is 1.4828 and is middle range.

EUR/CAD. Bottom. 1.4722. Range break above 1.4864, Below 1.4727. Overbought sell point 1.4950 then 1.4987. Strategy. Longs above 1.4795, Target 1.4950. Shorts must then clear below 1.4867, it did. Points on the way up, 1.4804, 1.4816, 1.4839, 1.4857, 1.4876, 1.4950.

Shorts below 1.4795. Target 1.4758 then lower on break to target bottom 1.4721. Watch 1.4758 for reversal to 1.4795. Points on the way down, 1.4789, 1.4780, 1.4768, 1.4762, 1.4741, 1.4722 Bottom.

Brian Twomey Inside the Currency Market, btwomey.com

Inside the Currency Market: EUR/USD

This morning saw recommended sell at 1.1284 low to 1.1203, a 24 pip break of 1.1227 Bottom. Mentioned stay short on bottom breaks.

EUR/USD. Bottom 1.1154. Range break above 1.1262 and 1.1327, Below 1.1159 and 1.1094. Overbought sell point 1.1271, 1.1328, Note Range break 1.1327. Failure before 1.1271, then 1.1264, 1.1257. Strategy. Longs above 1.1211, Target 1.1271. Reverse short to 1.1227 – 1.1237, then 1.1210.

Shorts below 1.1210, target 1.1182, a break targets points on the way down, 1.1209, 1.1205, 1.1202, 1.1198,1.1191, 1.1185, 1.1182, 1.1168, 1.1154 Bottom.

Brian Twomey Inside the Currency Market, btwomey.com

Inside the Currency Market: EUR/USD

From June 29 to August 27th, 150 posted trades where Targets hit and most perfectly, Ranges were Forecast perfectly, Levels outlined perfectly. Every trade of the 150 posted earn profits and most earned Multiple profits per pair, per trade. Vast Majority earned profits within hours rather than days. If just 20 pips was earned on 150 trades, that’s 3000 pips in 1 month. But trades earned much more than 20 pips per pair, per trade. At 50 pips per trade, that’s 7500 pips per month. And no losses, not one loss, not one stop loss needed because trades were perfect. I don’t count the pip profits but they are very high. Multiple pairs were posted. Twice 5 pairs were pasted on 1 day and targets hit perfectly on all 5 posted trades on each day the 5 pairs were posted. 15 feature articles were posted over the 1 month. GDP came in at 3.7%, did I say GDP as a release was oversold, yep. Did I say EUR was the better pair over GBP because we would earn more, Yep. Its a smart audience and I appreciate all the views and support. More pairs will be posted as well as features.

Last EUR/USD trade short at 1.1393 saw 1.1292 lows then reversed to 1.1340. The bottom broke at 1.1336 as well as range points at 1.1365 and 1.1353. Bottom break as mentioned, stat short, we did and profited yet again.

EUR/USD. Bottom 1.1227. Range break above 1.1309 and 1.1322, Below 1.1256 and 1.1244. Strategy. Bottom breaks stay in to next range target 1.1171. Short target 1.1240, Bottom 1.1227. Points on the way down, 1.1290, 1.1282, 1.1275, 1.1259, 1.1254, 1.1240. Point 1.1255 must break to go higher to target 1.1282.

Brian Twomey Inside the Currency Market, btwomey.com