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EURUsd Long Term Situation

Greetings and a Happy New Year to everybody!!
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Eur/Usd Long Term situation had some big changes
FZR of MN wave-level down is now officially happened.
This tells me, that trend down (the C wave down) has reached now a Monthly wave-level.
And as long as this wave down is developing - long-term trend down will proceed.
As usually - corresponding MF protective pivots will show us when exactly will this wave stop.
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brunodanzer avatar

Nice, you got a point

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EURUsd Tactics

Pivots protecting EurUsd mid-term trend down are not broken = trend down is still developing.
Strategic plan stays same so far.
My Tactical plan for today:
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EURUsd Monday Tactics

My Tactics for today.
I will be trying to hunt for a "sell" positions in shown areas.
Not sure that I will find any
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Week 51: EurUsd Strategic Plan

Greeting,
My Strategic plan for upcoming week for EurUsd pair:
As long as MF protective pivot stays unbroken - I will be "hunting" for a "sell" position
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Week 50: EurUsd Tactics (Friday)

My Tactical Plan for today
Traps are set - all I need is just wait until the prey comes in to the trap
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fullmoon 19 Gru

Good analysis, did you take one of the two possible shorts as we heading down to 1.2200?

MasterforexVcom avatar

Yes fullmoon, I was just about to post my progress based on todays tactical plan :)

1. I'm not too happy with the place where I managed to open my sell position. But on the other hand - better than nothing
2. Position will be closed either after reaching the 2nd target, or late in the evening.

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fullmoon 19 Gru

Yes, remember the weekend 30% margin rules - hit me last week :-) Good luck!

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My Trading Style

If you like how Masterforex-V approach works.
If you want to learn to understand each step of the market on any TimeFrame at any moment - apply for a Masterforex-V Training Course.
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My Trading Style

I consider myself a “day-trader”.
Before any trade I do my market-analysis based on Masterforex-V approach
I’m working mostly with Eur/Usd and Gbp/Usd pairs (sometimes I use…
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