SniperForexTrader

Hello Traders,

My forecast the last week was totally erroneous price did not continue to rise on the EUR/USD pair, in fact and as you can see it fell after a big run during the week-end, when the market is closed.

That was kind of strange, to see that huge window formed, in fact during the webinar I join every monday night at Nison’s Site, Gary Ender mentioned this as something that happens very very rarely.

Anyways, we know the market does what it wants to do and I don’t want to treat it as something impredictable because we know in big part it is predictable and also the “market” is all of us and not some strange force comming from nowhere.

Next week, I’ll be looking to buy at 1.3248 if price gets rejected around that support area AND a bullish candlestick signal is formed.

I’d sell once that support area is broken, a retracement has occured AND a bearish candlestick signal is formed.

Altough, a third scenario I think of is if price retests resistance at 1.3700 gets rejected AND a bearish candlestick signal is formed that would be my another sell entry.

For now I see the market very bearish and will stay aside waiting for any of the scenarios I mentioned above.

Have a good trading week and cheers for now!,

Max Ramirez
sniper@sniperforextrading.com

Hello Traders,

Max Ramirez