I'm wondering if i can go with a 205/55/15 or
a 205/60/15 and a 195/50/15 I have 195/60/15 on my 190E 2.6 right now, and the tire looks a little to bulky.

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Govna 1989 190E 2.6 138000

I believe OEM tire size was 185/65/15. The 205/55/15 should work. As should the size you have on there now. 205/55/15 is 2.4% shorter, 205/60/15 is .9% taller, and 195/60/15 is 1% shorter. Any of those three sizes is within the acceptable closeness to OEM rolling radius. That limit being approx 3.0% variance. Contact Tirerack for further specifics, they will be able to tell you what sizes fit best and/or are best suited to your intended use of the car.

Hope this helps...Lee