FadeMeIfYouCan

FadeMeIfYouCan

SPX made a pin bar on Friday. Path of least resistance is to the upside. 5690 if traded today, is a low risk level to go long to target 5810 and 5860.

FadeMeIfYouCan

Volatile day for #SPX yesterday, market rallied on PPI but failed and came down to our 5815 level to perfection and rallied to 5865 for a good 50 pts as shared in our group. Price action on daily is still bullish, looking for further upside. Price is holding PZ now. Bullish, with assumption that CPI could well follow PPI, for a move higher, 5900 5960 as next...

FadeMeIfYouCan

I did not provide the plan for Friday, though EURUSD did make a nice dip to PZ before continuing higher to first level and then pulling back. Momentum has slowed down and TBH, I am not sure of the next move. IMO, I would want to wait for a pullback and bullish momentum for a long and a move higher from here, while shorts could work below PZ, but I would prefer...

FadeMeIfYouCan

I was looking for a move higher on Tuesday on a dip. EURUSD came down to clear Monday's low, about where the buy level is and closed 20 pips higher. I would say that there is no bullish reaction on Tuesday, though overall bullish thesis is still intact. If price does not hold at current PZ, which I think it would not, could see a move down to 1.0370 in which I...

FadeMeIfYouCan

I was looking for a dip to go long off for EURUSD yesterday. And after an initial move higher, EURUSD moved down to our buy level at 1.0396 and bounced off for 20pips before pulling back now. I am still cautiously bullish for a move higher but EURSD might pull back to 1.0378, which give a good level to go long off, for a move higher, with 1.0514 as a good near...

FadeMeIfYouCan

I was bullish EURUSD on Friday and it worked out as plan; a fake test of lows then a move up to our buy target. I would say that price hit a resistance zone thus the next move will be tricky. But overall, the thesis of a lower high for a move higher. Will look for longs on a re-test of PZ, or in the worst case scenario, from 1.0366.

FadeMeIfYouCan

After Wednesday's sell down, price action near term price action showed a recovery and I said to short from higher up. Indeed, we saw a move up of over 50pips before an ability to move higher, and it just closed back near the lows. However the lows still hold. Not exactly bearish though IMO, but could be early to say lows is in in terms of daily candle. For lows...

FadeMeIfYouCan

I was somewhat wrong on the direction yesterday but intraday levels worked great. TBH, I was not sure about the direction of move yesterday. I said that it does look bearish and if it goes up first, could see the sell down lower. And it nicely hit 1.0513, sold down to 1.0468 level for 45pips, which I said could be a bounce point and well it did bounce back to OP...

FadeMeIfYouCan

I was bullish EURUSD yesterday but it made a new high then came down to level below, before recovering but closing with a bearish candle. Is the highs in? Or is this just a pullback for another leg higher. This IMO, is a tricky question. With yesterday's bearish candle, I do see a move lower. Thus a possible scenario, if I am overall bullish, would be, for price...

FadeMeIfYouCan

EURUSD made a good down move to the buy level and closed higher as per plan given. Overall, I am still bullish for a move higher; could see a pullback to PZ for a long for a move higher, with 1.0565 as near term price target.

FadeMeIfYouCan

EURUSD made a new fake low but broke higher on Friday. Possible low is in; looking for a possible re-test of PZ for a long to target 1.0566.

FadeMeIfYouCan

I was bearish EURUSD yesterday; I said that based on the daily price action, the low is not in yet. And levels worked out perfectly yesterday; it hit the level and sold down to lower level for 50pips, bounced, but was rejected again to close near the lows. Overall, I am bearish for further downside until shown otherwise. Looking at 1.0498 to hold for a move down...

FadeMeIfYouCan

I was bearish EURUSD for a move lower yesterday, then a bounce off 1.0476 strong level. EURUSD did not go up to 1.05552 sell level but we got a nice level to level move, from PZ to 1.0494, bounced back down before a move back down. Yesterday closed as a red day. I did said on weekly, we could see an up from here, but based on price action, I do not see a low yet....

FadeMeIfYouCan

We caught the whole EURUSD move as per algo level path given yesterday; a move higher to re-test strong level at 1.0564 for a short down to 1.0500 level and a long to 1.0534, all played out to perfection. I said that 1.0500 is a potential low and market bounced from it. Is the lows in? To be honest, based on the current price action on daily, it is not so easy to...

FadeMeIfYouCan

I called for a move lower for EURUSD yesterday off the PZ. EURUSD came down, rallied higher, nicely to PZ and sold back down to close near the lows for a good 45pips or so. I will not say that yesterday's price action is bearish. IMO, the thesis which I gave yesterday is still valid, that is, EURUSD is coming down into support. But I am expecting buyers to come...

FadeMeIfYouCan

I was more bearish EURUSD last week towards the end of the week. On Friday it made a new high before coming down. Price action points to the downside on daily, though on weekly it is a doji, which IMO could indicate just a consolidation after the previous up move. I will be looking for downside before any bullish confirmation (that is, could see buyers come in...

FadeMeIfYouCan

I was bullish EURUSD yesterday and I said that there is nothing bearish, and it worked out perfectly. I did give a lower buy level to go long off; no, it did not hit, but price based perfectly at the PZ given and it moved higher and price is attacking Wednesday's high. I would say that market did not give much of a pullback to the ideal level for the long, and...

FadeMeIfYouCan

I was bullish EURUSD yesterday and it made a good up move, without a dip though. Price just based near the PZ and just rallied higher and is now pausing at the strong level. Overall, I see EURUSD has the potential to move higher to 1.0660 before a rejection and move lower. The situation now is that EURUSD has sold down greatly but now looked to have bottomed...