Sell Eur/Usd

[ist]

Thanks iris. Impressive.
Do you see the current retrace as a start of a larger upward swing or can we expect mroe downmove oevr the next few days?
Best, I

[Iris]

Hello Ist...Everyone...

The Euro Sell Zone @ 1.3360<>1.3330 had an advance High @ 1.3384 into a decline to retest the 1.3000<>1.2980 Zone with a current Low @ 1.2995 providing an excellent R/R ratio on Sell's initiated within this Range.

Currently we have the Euro advancing once again off the 1.3000<>1.2980 Zone Support which proves to be solid yet is being softened by repeated decline attempts over the last 2 months for which a Key fractal Support @ 1.2915 is our Signal that a retest @ 1.2630 Zone is forming.

The Euro is once again into a corrective advance and I'm looking for a Euro Sell Zone @ 1.3210<>1.3185 to provide an Optimal Entry Zone for a retest once again @ 1.3000<>1.2980 Zone for a furthe decline onto 1.2915 for Exits and a re-Positioning to test the 1.2630 Zone. Let's see if the Euro advances into our Sell Zone with current Price @ 1.3162.

Euro Sell Zone @ 1.3210<>1.3185

Targets @ 1.3000<>1.2980 onto 1.2915

The Euro Sell's @ 1.3210<>1.3200 are stopped @ BE+5 on the decline to 1.3160 and I will elevate slightly the Euro Optimal Sell Zone as Price is in the Zone NOW.

Euro Sell Zone @ 1.3270<>1.3245

Targets @ 1.3000<>1.2980 onto 1.2915

The Euro has advanced within our Sell Zone @ 1.3270<>1.3245 with a current High @ 1.3284 for a South Reversal to a current Low @ 1.3122 which has a fractal Support @ 1.3125. The Euro has North containment @ 1.3195<>1.3160 to add additional Euro Sell's, and then I am looking for a South break @ 1.3125 for a decline continuance onto 1.3065<>1.3030 Zone for a retest @ 1.3000<>1.2980 onto 1.2915 Zone to test neckline Support and probe lower to then re-Position for the Euro's next decline onto 1.2630 Zone.

The Euro has advanced within the 1.3195<>1.3160 Zone to add 2nd layer Euro Sell's along with the 1.3270<>1.3245 Sell Zone with a pullback High @ 1.3180 and we currently have a retest of the 1.3125 fractal Support after US Non Farm's and I'm looking for a decline onto the 1.3065<>1.3030 next up as the Euro builds a sizable Sell Position.

The Euro continues it's decline onto neckline Support with a break lower to a current Low @ 1.2955 which is a fractal Support for which a retrace High has been contained @ 1.3065 which almost filled the Gap on the Open with the news from France on a change in leadership. I'm looking for the Euro to decline into the 1.2980<>1.2955 Zone to test/break lower onto 1.2930<>1.2915 for Exits to re-Position for the next South decline onto 1.2630 Zone.

Also I will be watching a potential North move back onto 1.3080<>1.3060 to completely fill the Gap from the Open to add 3rd layer Euro Sell's in that Zone for a resumption of the South decline onto the above Target Zones into Exits.

Let's see if the Euro moves North into 1.3080<>1.3060 Zone once again to initiate Euro Sell's for a South Reversal as we continue to build size on the Euro.

Time the Wave

IRIS FX

[ist]

Thanks iris,
Spot on again. There is some momentum northbound now. Thursday and Friday are usually more directional so we shall see. Long AUDJPY here, well in profit and aiming for 4hr channel heights.

[Iris]

Hello Ist...Everyone...

Ist... Thanks my Friend.

Euro Sell Zone @ 1.3270<>1.3245

Targets @ 1.3000<>1.2980 onto 1.2915

The Euro has advanced within our Sell Zone @ 1.3270<>1.3245 with a current High @ 1.3284 for a South Reversal to a current Low @ 1.3122 which has a fractal Support @ 1.3125. The Euro has North containment @ 1.3195<>1.3160 to add additional Euro Sell's, and then I am looking for a South break @ 1.3125 for a decline continuance onto 1.3065<>1.3030 Zone for a retest @ 1.3000<>1.2980 onto 1.2915 Zone to test neckline Support and probe lower to then re-Position for the Euro's next decline onto 1.2630 Zone.

The Euro has advanced within the 1.3195<>1.3160 Zone to add 2nd layer Euro Sell's along with the 1.3270<>1.3245 Sell Zone with a pullback High @ 1.3180 and we currently have a retest of the 1.3125 fractal Support after US Non Farm's and I'm looking for a decline onto the 1.3065<>1.3030 next up as the Euro builds a sizable Sell Position.

The Euro continues it's decline onto neckline Support with a break lower to a current Low @ 1.2955 which is a fractal Support for which a retrace High has been contained @ 1.3065 which almost filled the Gap on the Open with the news from France on a change in leadership. I'm looking for the Euro to decline into the 1.2980<>1.2955 Zone to test/break lower onto 1.2930<>1.2915 for Exits to re-Position for the next South decline onto 1.2630 Zone.

Also I will be watching a potential North move back onto 1.3080<>1.3060 to completely fill the Gap from the Open to add 3rd layer Euro Sell's in that Zone for a resumption of the South decline onto the above Target Zones into Exits.

Let's see if the Euro moves North into 1.3080<>1.3060 Zone once again to initiate Euro Sell's for a South Reversal as we continue to build size on the Euro.

The Euro has achieved my Target/Exit Zone @ 1.2930<>1.2915 easily with a current Low @ 1.2815 with 1st and 2nd layer Euro Sell's @ 1.3270 into 1.3195 to re-Position for the Euro's next decline Target @ a retest of the 1.2630 Zone.

Time the Wave

IRIS FX

[MidnightRun]

Iris, thanks for your miraculously accurate forecasts. I would like to double-check this: "with 1st and 2nd layer Euro Sell's @ 1.3270 into 1.3195 to re-Position for the Euro's next decline". Do I get it right that you expect the Euro to correct up to 1.3195? Thanks.

[Iris]

Hello Midnight my Friend...Everyone...

Midnight...Thank You.

I was speaking on Euro Sell's @ 1.3270 into 1.3195 as the 1st and 2nd Sell Entry Zones on this Euro South decline for which Exits are achieved @ 1.2930<>1.2915 Zone.

Currently I am looking to Buy the Euro @ 1.2800<>1.2775 as we have a fractal Support @ 1.2788 for a correction North into the Euro's next decline for which I would be looking for North Targets @ 1.3080<>1.3060 Zone if the Euro can advance above the neckline Support Zone @ 1.3000<>1.2980...as we will watch Price @ that level for a potential North Exit @ 1.3080<>1.3060 Zone for a South Reversal to initiate Euro Sell's @ that Zone to retest the 1,2630 Lows. For Now let's get North with the Euro.

Euro Buy Zone @ 1,2800<>1.2775

Targets...initially 1.3000<>1.2980 to potentially advance onto 1.3080<>1.3060 Zone.

Time the Wave

IRIS FX

[Iris]

Hello Everyone....

Currently I am looking to Buy the Euro @ 1.2800<>1.2775 as we have a fractal Support @ 1.2788 for a correction North into the Euro's next decline for which I would be looking for North Targets @ 1.3080<>1.3060 Zone if the Euro can advance above the neckline Support Zone @ 1.3000<>1.2980...as we will watch Price @ that level for a potential North Exit @ 1.3080<>1.3060 Zone for a South Reversal to initiate Euro Sell's @ that Zone to retest the 1,2630 Lows. For Now let's get North with the Euro.

Euro Buy Zone @ 1,2800<>1.2775

Targets...initially 1.3000<>1.2980 to potentially advance onto 1.3080<>1.3060 Zone.

I have a Euro Buy activated @ 1.2775 as the Euro has declined lower to its next Buy Zone @ 1.2725 as I believe a Bear Trap is in the making ... and I have added another Euro Buy @ 1.2725 for the above North Targets with an advance above 1.2750 putting this Euro Buy Position into positive gains. Let's see what the Market has in store for the Euro.

Time the Wave

IRISFX

[Iris]

Hello Everyone....

[QUOTE]The Aussie has had a strong advance off the 1.0250 Low with a current High @ 1.0447 which is a fractal resistance for which an advance break would open up strong Resistance @ 1.0479 and we have the formation of an Aud/Usd Sell Zone NOW opening.

Let's watch an advance break @ 1.0447 for a North move onto higher Sell Entries @ 1.0479.

Aud/Usd Sell Zone @ 1.0479<>1.0440

Targets...a retest @ 1.0300<>1.0250

The Aud/Usd advanced into our Sell Zone @ 1.0479<>1.0440 with a current High @ 1.0474 and waiting for a higher advance above 1.0447 proved beneficial for Sell Entries with a South Reversal ensuing to a current Low @ 1.0305 just above our next decline Zone @ 1.0300<>1.0250 for which the Aussie also will test it's neckline Support @ 1.0250<>1.0225 Zone for a decline break onto 1.0180<>1.0150 Zone as the Aussie Targets parity @ 1.0000 in the coming weeks.

The Aussie has a decline into the 1.0250<>1.0225 Zone Support with a South break attempt underway onto the next Zone @ 1.0180<>1.0150 with a sizable Sell Position continuing to build in the Aud/Usd with a current Low @ 1.0213 and a new Low for 2012.

I am looking for a test/break @ the next important fractal Support @ 1.0205 which will Target the decline onto the 1.0180<>1.0150 Zone.[\QUOTE]

An update on the Aussie which had a decline into parity @ 1.0000 on 5/13 for Exits from the AUD/USD Sell Zone @ 1.0479<>1.0440 with a current Low @ 0.9870.

Time the Wave

IRISFX

[Iris]

Hello Everyone....

Currently I am looking to Buy the Euro @ 1.2800<>1.2775 as we have a fractal Support @ 1.2788 for a correction North into the Euro's next decline for which I would be looking for North Targets @ 1.3080<>1.3060 Zone if the Euro can advance above the neckline Support Zone @ 1.3000<>1.2980...as we will watch Price @ that level for a potential North Exit @ 1.3080<>1.3060 Zone for a South Reversal to initiate Euro Sell's @ that Zone to retest the 1,2630 Lows. For Now let's get North with the Euro.

Euro Buy Zone @ 1,2800<>1.2775

Targets...initially 1.3000<>1.2980 to potentially advance onto 1.3080<>1.3060 Zone.
I have a Euro Buy activated @ 1.2775 as the Euro has declined lower to its next Buy Zone @ 1.2725 as I believe a Bear Trap is in the making ... and I have added another Euro Buy @ 1.2725 for the above North Targets with an advance above 1.2750 putting this Euro Buy Position into positive gains. Let's see what the Market has in store for the Euro.

The Euro had an advance High @1.2749... and I have Exited Euro Sell's @ 1.2775<>1.2725 @ 1.2740 for a small loss as the Euro begins to establish a short term bottom and we have an Optimal Euro Buy Zone forming NOW @ 1.2680<>1.2650 with a current Low @ 1.2666 as this Zone will advance quickly once Euro Sell's cover their Positions.

Euro Buy Zone @ 1.2680<>1.2650

Targets...initially 1.2980<>1.3000 necklins for a potential advance continuation to fill the Gap from this weeks Open @ 1.3080<>1.3060 Zone.

Time the Wave

IRISFX

[Iris]

Hello Everyone.......

The Euro had an advance High @1.2749... and I have Exited Euro Sell's @ 1.2775<>1.2725 @ 1.2740 for a small loss as the Euro begins to establish a short term bottom and we have an Optimal Euro Buy Zone forming NOW @ 1.2680<>1.2650 with a current Low @ 1.2666 as this Zone will advance quickly once Euro Sell's cover their Positions.

Euro Buy Zone @ 1.2680<>1.2650

Targets...initially 1.2980<>1.3000 necklins for a potential advance continuation to fill the Gap from this weeks Open @ 1.3080<>1.3060 Zone.

The Euro has declined into the Buy Zone @ 1.2680<>1.2650 with a current Low @ 1.2643 and Euro Buy's are activated in the 1.2650<>1.2660 Zone as the Euro has retested it's next important Support Zone @ 1.2630 for which an advance onto 1.2980<>1.3000 will be our 1st objective with a further advance onto 1.3080<>1.3060 Zone to fill the Gap left from the Open of this week thus carving out another Top to Exit Euro Buy's @ 1.3080<>1.3060 for a South Reversal into Euro Sell's in that Zone.

Currently looking for the Euro to stay above the Buy Zone @ 1.2680<>1.2650 establishing Optimal Buy Entries for an advance test/break @ 1,2750 onto 1.2860<>1.2915 initially for a continuation onto 1.2980<>1.3000 .... for which the Market will attempt a South fade only to advance higher into the 1.3080<>1.3060 Zone to fill the Gap from which a Euro South Reversal will ensue.

Time the Wave

IRISFX

[Iris]

Hello Everyone.....

The Euro had an advance High @1.2749... and I have Exited Euro Sell's @ 1.2775<>1.2725 @ 1.2740 for a small loss as the Euro begins to establish a short term bottom and we have an Optimal Euro Buy Zone forming NOW @ 1.2680<>1.2650 with a current Low @ 1.2666 as this Zone will advance quickly once Euro Sell's cover their Positions.

Euro Buy Zone @ 1.2680<>1.2650

Targets...initially 1.2980<>1.3000 necklins for a potential advance continuation to fill the Gap from this weeks Open @ 1.3080<>1.3060 Zone.

The Euro has declined into the Buy Zone @ 1.2680<>1.2650 with a current Low @ 1.2643 and Euro Buy's are activated in the 1.2650<>1.2660 Zone as the Euro has retested it's next important Support Zone @ 1.2630 for which an advance onto 1.2980<>1.3000 will be our 1st objective with a further advance onto 1.3080<>1.3060 Zone to fill the Gap left from the Open of this week thus carving out another Top to Exit Euro Buy's @ 1.3080<>1.3060 for a South Reversal into Euro Sell's in that Zone.

Currently looking for the Euro to stay above the Buy Zone @ 1.2680<>1.2650 establishing Optimal Buy Entries for an advance test/break @ 1,2750 onto 1.2860<>1.2915 initially for a continuation onto 1.2980<>1.3000 .... for which the Market will attempt a South fade only to advance higher into the 1.3080<>1.3060 Zone to fill the Gap from which a Euro South Reversal will ensue.

The Euro has a strong advance in late New York Session to a current High @ 1.2794 and the Euro Buy's in the 1.2650<>1.2660 Zone are well Positioned and building size after overcoming a fractal Resistance @ 1.2735 to advance onto it's next advance fractal @ 1.2775 as Euro Sell's cover their Positions. Looking for the 1.2735<>1.2775 Zone to be the Euro's next advance Support for a North move onto 1.2860 and the above levels going into next week.

Enjoy your weekend Everyone.

Time the Wave

IRISFX

[Noor]

great work Iris, keep it up!

have a great weekend everyone

[Iris]

Hello Noor my Friend....Everyone.....

Noort....Great to see your post and Thank You as Alway as well as Ist and Midnight and the many who just check in to see my, and our Market perspective and Positions..to attempt to pre-Position ahead of Time and Price into the Now Zone thru the decifering of Price Discovery... the Technical and Fundamental dynamics and elements that form the structure of the Market... as long as we orient our psychology to these factors we will not be swayed by sentiment... because our Sub-Wave calculations will prove to be accurate and thus empirical.

The Euro had an advance High @1.2749... and I have Exited Euro Sell's @ 1.2775<>1.2725 @ 1.2740 for a small loss as the Euro begins to establish a short term bottom and we have an Optimal Euro Buy Zone forming NOW @ 1.2680<>1.2650 with a current Low @ 1.2666 as this Zone will advance quickly once Euro Sell's cover their Positions.

Euro Buy Zone @ 1.2680<>1.2650

Targets...initially 1.2980<>1.3000 necklins for a potential advance continuation to fill the Gap from this weeks Open @ 1.3080<>1.3060 Zone.

The Euro has declined into the Buy Zone @ 1.2680<>1.2650 with a current Low @ 1.2643 and Euro Buy's are activated in the 1.2650<>1.2660 Zone as the Euro has retested it's next important Support Zone @ 1.2630 for which an advance onto 1.2980<>1.3000 will be our 1st objective with a further advance onto 1.3080<>1.3060 Zone to fill the Gap left from the Open of this week thus carving out another Top to Exit Euro Buy's @ 1.3080<>1.3060 for a South Reversal into Euro Sell's in that Zone.

Currently looking for the Euro to stay above the Buy Zone @ 1.2680<>1.2650 establishing Optimal Buy Entries for an advance test/break @ 1,2750 onto 1.2860<>1.2915 initially for a continuation onto 1.2980<>1.3000 .... for which the Market will attempt a South fade only to advance higher into the 1.3080<>1.3060 Zone to fill the Gap from which a Euro South Reversal will ensue.

The Euro has a strong advance in late New York Session to a current High @ 1.2794 and the Euro Buy's in the 1.2650<>1.2660 Zone are well Positioned and building size after overcoming a fractal Resistance @ 1.2735 to advance onto it's next advance fractal @ 1.2775 as Euro Sell's cover their Positions. Looking for the 1.2735<>1.2775 Zone to be the Euro's next advance Support for a North move onto 1.2860 and the above levels going into next week.

The Euro continues its advance to a current High @ 1.2824 and we should see the upper end of the 1.2745<>1.2775 Zone begin to build the next advance Support @ 1.2775 with a North move onto 1.2840 for a continuation to 1.2860<>1.2885 Zone for a further advance onto 1.2915... enroute to test the long term neckline @ 1.2980<>1.3000 Zone.

Time the Wave

IRIS FX

[Noor]

Iris, I took the last 30 days off as the market movement were incredibly too slow. After checking the price history I found that
this usually means that the market is preparing for a big down fall.


My chart technicalities do agree with your analysis on the north correction as yesterday price action made a good indication of an imminent north move. As for the target, I will close partial positions at 1.3000<>1.2980 as that zone has acted as a very strong support as you have been saying it will be before it even developed.

[Noor]

pretty disapointed on the price action today.

Current price is 1.2730 and I think we might see a second challenge at 1.263 and a possible break. As long as the EurUsd remains below the down trend line the EurUsd will keep moving south.

I really thought that we will see the north move progressing today after seeing the price action from yesterday were the price broke above the trend line; however, it seems that the EurUsd is very weak at the moment and I rather staying on the sideline on this one.

I have attached the chart were the trend line has been drawn

Iris, good luck with the buys, do you plan on re-buying from your 1.2670<>1.2650 buy zone if the price dips back there?

Many thanks