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The day after the Black Friday 13th

megajorko Posted 14 Nov.  in #Trader's blog #Eurusd #Market
Hello people,
Yesterday was a big tragedy for all humanity.
'We Mourn With You, We Pray for You' - Paris
I am not sure how this will affect the market but I suppose that the rise of euro in the end of the day maybe was due to this tragedy.
We will see on Monday but for me the Bullish trend has started as I wrote in previous posts. Stocks have started a depreciation acceleration because they are more sensitive to catastrophic events.
Let's hope that all responsible for the deaths of hundreds of p…
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pipx avatar
pipx 15 Nov.

Truly sad

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Monday 9th Range

megajorko Posted 9 Nov.  in #Trader's blog #Nfp #Eurusd
Hello traders,
The Fridays non-farm payroll surprised a lot of participants but it was a very expected scenario for the people who have followed Fed closely.
After the big drop in EUR/USD it was a matter of time to reach the moving averages 1 by 1 (minute - hour and maybe daily)
figure: An hourly triangular moving average which I use here for first time
We see that it has reached today the level 1.076. According to Median price it should reach 1.0782. (which it already reached)
Because it is Mon…
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Strange numbers

megajorko Posted 8 June  in #Trader's blog #Eurusd #Dax
Hello traders,
today we have EUR/USD = 1.11111 and DAX = 11111.1
isn't this coincidence or this is a manipulated numbers. I am often wondering why this numbers act as in one case strong magnet and in other case as a strong support or resistance. Is it possible that it is a trend changing numbers in the present situation. DAX has been long waiting for shorting index. Euro is going to clear its loss from NFP against the dollar and if it gets stronger than I think DAX will fall very sharply.
June i…
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The effect of NFP

megajorko Posted 6 June  in #Trader's blog #Nfp #Eurusd
Hello everybody,
Today is Saturday and we are relaxing after the hard trading week.
What happened on Friday:
It was not a big surprise and I think a lot have suspected higher readings of the NFP and it jumped from 230k expected to 280k which absolutely normally resulted in this strong spike of the USD. But what can we take out of this spike will this lead to further USD appreciation or this is only a mass panic and the trend of the EURO return back to northern territory. I think it will become c…
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EURo formed the triple bottom

megajorko Posted 2 June as Analysis on EUR/USD, Target: 1.1300, Date: 3rd of August, 12:00 GMT  in #Technical analysis #USD #Eurusd #Dollar Index #EUR/USD
According to weekly chart the channel down is still in play. But on Daily it has formed a nice triple bottom (the third part is still a little questioned but after today penetration of 1.1 it seems that formation of the third bottom is a fact)
I have made some drawing on 15 minutes chart because currently the Daily and Hourly charts are not loading for some reasons.
Here the level 1.09 is a possible support zone which can be tested only if 1.095 is broken but in present conditions I doubt it.
Al…
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