EUR/USD moved as planed to our first Target. I moved my Stops to Entry to protect the Trades. Good Trades, Daniel
the 3 wave pattern to the downside is over hinting at a pullback to the upside. I advise to sell at 1.12885 and rally down to the main target
A FEW DAYS AGO REACHED OVERBOUGHT LEVELS. NOW GIVE ME THE IMPRESSION THAT MAY BE IN A CONSOLIDATION. AWAITING YELLEN, THINK IF YELLEN GIVE US A CLUE OF THAT MAY HAVE ON THE TABLE A POSSIBLE RATE RISE, THE PRICE WILL GO BELOW 1.1100 INCLUDE SOME MEMBERS HAVE MADE STATEMENTS. EARLIER THIS MONTH DUDLEY CONSIDERED THAT WOULD BE MORE CAUTIOUS TO POSSIBLE TO...
I'm not 100% sure in the timing, but we'll see.
-NEW SIGNAL- Type : Market Execution Date : 1.8.2016 Time : 13:50 GMT+1 Technical : H1 & H4 pinbar on daily supply zone Pair : EURUSD Timeframe : H1 Trade setup : SHORT Entry at : 1.11659 Take profit 1 : 1.10848 ( 82 pips ) Take profit 2 : Take profit 3 : Stop loss : 1.12032 ( 37 pips ) Risk reward : TP1 – 1:2 TP2 – TP3 - Our risk : - Touch trades/Wick plays...
we will be looking short opportunities in coming days !
BROKE MAJOR TRENDLINE TINY TRENDLINE BIG AREA OF SUPPORT
I don't trade this patterns, but I want only show people how to draw it. Cypher Pattern Forex
After hitting the 61.8% retractment from NFP (clearly a market over-reaction) the EUR will drop most likely to the 1.12000 area.
A swing trade Short on EUR/USD. Have entered yesterday currently at 30+pips profit. However I will follow up on this trade as with all my other trades the fundamentals as I am expecting volatility on this pair due to the eurozone issue that Brexit and the fairly weak Euro is causing and the Dollar expecting rate hikes (although chances lower now due to NFP) will...
PRICE ACTION TRADING. STEP FIVE Draw the box, use a support and resistance bars. STEP SIX Find a PA ( Price Action ) reversal pattern. PRACTICE,PRACTICE,PRACTICE AND PRACTICE SEE YOU AT NEXT VOLUME !! Update status
EURUSD seems to be trading in a sideways box. It has tested the major resistance at 1.15000 several times and it has helt nearly every single time. It currently hit a support at the 1.12170 mark and could see a leg up towards the resistance again to re-test it. If it manages to get rejected again, we'll see the completion of a H&S pattern and could see our way...
Buying at the green arrow and taking profit at the red. Or Waiting for price to head into previous structure (yellow box) and selling at an opportune time. Good luck traders!
Pros - Stoch RSI oversold on the monthly, weekly and daily. - High test of both trendline and support - Double top on monthly chart. - Bearish MACD divergence Cons -Trading against the trend - Limited risk/reward before next support level at 1.14000 Planning to wait one more day to see what tomorrows daily candle shows. Possible trend change at this...
as you can see, I opened a trade, even if the USDOLLAR index does not look very encouraging; I have no stop loss, I have a very very small position - if tomorrow we are up, I am going to open an another position with twice my original size to short it again, as I do not believe it can climb much higher from here; we are very close to a top. if picking bottoms and...
broke the trendline and retraced. possible short?