Inside the Currency Market: EUR/USD

Afternoon Trade, short EUR/USD 1.1413 dead stopped 1.1359, 3 pips from 1.1359 bottom, + 54 pips.

Big points remain 1.1142, 1.1220 and 1.1596 above. EUR/USD and EUR pairs remain as mentioned many times the pairs to trade because movements are and will be terrific. GBP/USD and GBP pairs remain stasis. I’m working on automation of GBP pairs, NZD, AUD and USD. AUD and NZD are quite simple, GBP moderate and USD a nightmare. USD is the least known, least understood currency pair on the planet. Much effort must be put into a USD pair calculation. That’s why nobody knows it due to the difficulty and knowledge needed to get it right. Unfortunately, we live in the days of laziness where most don’t do nor care about doing their homework and honing their skills. I read a guy rah rah about making 6,000 pips in 6 months. Here we easily triple 6,000 pips in 6 months. And we don’t lose 1 pip, no failed trades, no better luck next time.

EUR/USD. Bottom. 1.1310. Range break above 1.1487, Below 1.1249, 1.1197. Overbought sell point 1.1419, Failure point 1.1395. Strategy. Longs above 1.1369, Target 1.1419 then reverse to 1.1394 and 1.1373. Points on the way up, 1.1370, 1.1383, 1.1395, 1.1407,1.1419.

Shorts below 1.1367, Target 1.1339. Watch here for reversal to 1.1367 and higher. Points on the way down, 1.1358, 1.1352, 1.1347, 1.1341, 1.1340, 1.1325, 1.1310 Bottom. Point 1.1339 must cross to go higher.

Brian Twomey, Inside the Currency Market, btwomey.com

Inside the Currency Market: EUR/USD

Prices moved faster than I could post this morning. But all knew as I said yesterday afternoon, EUR/USD was overbought and heading lower, it did as well as EUR/JPY and all other pairs I posted. All are on site, reported with vital levels to take action on breaks higher or lower. Points and levels I post are perfectly accurate and are actionable trade signals to profit. EUR/JPY for example broke 135.93 then headed to next reported point 135.35, it did and broke through 135.35. GBP/USD 1.5480 went to 1.5416 lows. The list goes on. Allow the market to come to the price then take action. My arsenal is 450 + pairs, all perfectly calculated to the exact point and levels. The result is profit and never losses.

EUR/USD Longs must see a break at 1.1596 and below 1.1223 and 1.1143.

EUR/USD. Bottom. 1.1356. Range break above 1.1534, Below 1.1295, 1.1242. Overbought sell point 1.1465, Failure point 1.1441. Strategy. Longs above 1.1415, target 1.1465 then reverse to 1.1440 and 1.1428. Points on the way up, 1.1417, 1.1429, 1.1441, 1.1453, 1.1465.

Shorts below 1.1413, target 1.1385. Watch here for reversal to 1.1413 and higher. Points on the way down, 1.1404, 1.1398, 1.1393, 1.1387, 1.1371, 1.1356 Bottom. Point 1.1385 must cross to go higher.

Brian Twomey, Inside the Currency Market, btwomey.com