Euro-dollar
✨ ADD-ONs: EURUSD (9m/5m) ✨1️⃣ BLO1 @ 1.0949 (9m) ⏳
2️⃣ BLO2 @ 1.0943 (5m) ⏳
ADDITIONAL INFO:
1️⃣I'm confident we'll get a reaction from this Demand Zone (DZ) @ the 9m, but I'm not so confident of it holding because it's formation is a downtrend (DT)
2️⃣ This 5m DZ is where I expect PA will begin to turn and return to the uptrend.
⚠️ PA could go as low as 1.0938 (5m) — this is the distal wick of the 5m Demand Zone
🚫 ALWAYS PROTECT YOUR PRINCIPLE. Use:
(1) a Stop Loss
(2) a Trailing Stop, or
(3) a Manual Trailing Stop (my personal preference)
🤔 MANAGE YOUR POSITIONS:
— Lot sizes ~2% of the Net Asset Value of your account
— Reward yourself; shave off some early profits
— Master entering a position at:
(1) Support/Resistance or
(2) Supply and Demand
EURUSD ✨ The GOOD NEWS Update ✨01:11 Our GOOD NEWS trade
02:38 +SL has been set (Manual Trailing Stop)
03:25 Follow, Join, Boost, Comment
(3) TP @ 1.0985 (missed by -6 pips)
(2) TP @ 1.0980 (8m) ⏳
(1) BLO @ 1.0920 (1H) 📈 +37 pips or +$370.00
ADDITIONAL INFO:
🤑 In case you for got, we made +26 pips or +$260.00 USD*️⃣ from our last Buy Stop Order
1️⃣ As anticipated, Price Action (PA) pulled back (PB) and we were able to catch the continuation of the uptrend (UT) with this Buy Limit Order (see Net Equity above)
2️⃣ Now that a new minor Supply Zone (8m) has been created, I've lowered our Take Profit price by -5 pips (see above)
3️⃣ Although PA moved in our favor, this impulse to the upside missed our original TP @ 1.0985 by -6 pips.
*️⃣(based on a Standard Lot size of 100,000 Units or 1.00 (MT4/MT5)
What are Your Biggest Struggles in Trading?Hey everyone! I've been trading for a year now, and while I've had some successes, I've also faced some challenges along the way. I know I'm not alone in this, and I want to hear from you all too!
I believe that we can all learn from each other and grow as traders, which is why I'm reaching out to the TradingView community. If you're comfortable, I'd love to hear about your own trading struggles. Whether you're just starting out or a seasoned pro, I think we can all benefit from sharing our experiences. Moreover, we all know how lonely this journey can get, so sharing and learning from other's struggles could improve our mindset and the way we tackle the losses, as well as the success.
Personally, I struggle the most with keeping a trading journal organised and use it as a feedback loop, improving my trading strategy. I have tried for a while to keep track of my trades in apple notes, but it gets frustrating when you try to actually learn and discover patterns in your errors. On the other hand, another struggle comes when my emotions take over my strategy, and I have been searching desperately for tools and ways of fighting this urge.
Leave a comment of your biggest or most uncommon struggle and let's improve our trading skills by sharing!
EUR/USD Short-term & Longterm IdeasWhats up TV community. just want to share with you guys my view on EURUSD. From yearly Topdown to Daily.
We touched the Yearly Demand level & the 3Month Chart has a strong bullish candle which engulfed the previous bearish candle. (some bull signals) on Monthly timeframe we eliminated the last Supply CP and we created nice demand level with imbalance, which indicates more bulls kicking in. Now we jump to Daily timeframe and use our fresh demand levels to jump into the rally .
Never forget one major thing. Follow your trading plan. i am just sharing ideas. If something big happens with fundamentals technicals can change never forget that.
Enjoy your trading.
EUR/USD -4/4/2023-• Bullish trend intact
• Ascending channel
• Higher highs higher lows both on the price chart and MACD confirming the trend
• MACD in positive territory
• Price above 50 and 100 SMA with bullish crossover, fast MA crossing above the slow one
• Bulls need to overcome the 1.0930 resistance level
• Next target above that level will be 1.1030
EURUSD: Rejection at 1.067 is a Buying OpportunityThe EURUSD broke through the 1.080 resistance level quickly, but was just as quickly rejected and closed below the level, returning to the channel it was previously moving in. I expect the price to retest the resistance at 1.080 before falling to the strong monthly support level at 1.067, where it coincides with the 61.8 Fibonacci and the 100 and 200 moving averages on the 4-hour chart. Below it is an annual uptrend line, so any rejection at this level would be a buying signal.
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Euro to CrashWe're still anticipating one more low for the Euro against the Dollar. As you can see the move down in the last few weeks has been 5 minute waves down to make a minor wave 1. We moved quite sharply up last week in what looks to be a blowoff top to finish the minor wave 2 and we anticipate a very sharp move down over the coming weeks to complete a minor wave 3 taking us back towards parity. shorting from current prices should provide a very nice return over the coming weeks and months. It seems traders have become overly bullish on Europe and this is likely about to change, with Credit Suisse and now likely Deustche Bank about to go over the edge as well, the European banking system isn't as strong as the ECB will have you believe and with Putin making moves to escalate the war in Ukraine further still by moving tactical nuclear weapons into Belarus the sentiment might be about to change. In addition to this we are forecasting that the US economy will continue to show more strength than the EU's and inflation looks to be on the rise again globaly, the Fed will likely continue on their path of rate hikes or at least maintaining the 'higher for longer policy'. All of this leads us to believe shorting the Euro will turn out highly lucrative in the weeks to come.
EURUSD: Parabolic move to 162 in 2023See how FED and ECB Interest Rates impact EURUSD, not technicals. Fundamentals are prime reasons behind the yearly moves. When trading forex Interest Rates play the key role.
Price is likely to end at yearly R1 or R2 (that is very common) and next a few weeks price is likely to keep moving up at rapid speeds, with greater volatility if to compare to 2020 as ECB has not done such aggressive hikes in years.
Such volatility does not give a chance "to buy dips" as there might be no dips to buy, just a vertical parabolic move to 162, which makes it harder to enter. I would use daily CPRs (Central Pivot Ranges) to time the entries.
FOR EDUCATIONAL PURPOSES.
EURUSD buy from level 💶💵. updateHello guys, Everything is explained on the chart for you like always. The price entered our target area and sell positions closed and buy position was activated at 1.0537 and reached first target. Now you can manage your positions and trend is upward until the next targets.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
EURUSD: Swing Trade For Next Week Explained
EURUSD is still trading in a minor bearish trend.
Even though we see a correctional movement now,
probabilities are high that a bearish rally will resume soon.
Here is the swing trade that we suggest:
Entry point - 1.064
Stop loss - 1.0706
Take profit - 1.0547
Risk 1% of your deposit.
Good luck!
Please, support our work with like and comment!
EURUSDThe movements of the last few waves have been such that a head and shoulders pattern may be created. The last few candles have signs of a price reversal and it seems that the second shoulder has formed.
Of course, we should wait until the pattern is completed and then make better decisions, although now is not a bad position to sell to the bottom of the pattern.
EURUSDEURUSD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
RLinda ! EURUSD-> Consolidation. What to expect from the price? EURUSD faces strong support and at the same time the preconditions for the formation of a wedge - a pattern that can reverse the local trend
Based on the price movement, volatility and moving averages, I can suggest that the price is in a strong consolidation phase and apparently the market is waiting for a kick in the form of fundamental factors, which will help the price to break out of this range.
I expect a rebound from the limit support level and a breakout of the descending wedge resistance. Short-term target is the liquidity area at 1.07662, medium-term target is the resistance at 1.09368.
Regards R.Linda!
EURUSDThis situation has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ❤️️
EURUSD Short-Term Bullish AnalysisContext:
The price has been consolidating on the higher timeframe (It can be appreciated on the 1H chart)
We are coming from inducing sellers by consistently producing Lower Lows and Lower Highs within this consolidation.
Today, the price grabbed the liquidity above the Previous Day's High, which led to buyers getting induced and then stopped out when the price quickly reversed, breaking LTF's bullish structures.
Conclusion:
In the short-term, EURUSD might continue higher, targetting the liquidity above the High of the bearish Point of Interest that has already been mitigated.
Not only because it got mitigated but also because we are coming from grabbing all the sell-side liquidity (based on the consolidation), now the price has the potential to seek buy-side liquidity (buy stops) above the old highs.
It either respects today's low and then continues higher
or grabs more liquidity on the sell-side first (below today's low) to then continue higher
This expectation is a framework to look for a potential trading setup. I always wait for confirmations on lower-degree order flows
This Analysis was done using my, complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- Wyckoff
- Etc.
PD: Like (= to "boost") this publication to support my free analyses, which have been bangers so far! :)
Bearish Look on EURUSD until end of WeekBearish
Funadamental Background : CPI helped price to pullback and breathe
and now we have returned to the lows.
Momentum: Bear Candle from Last week with solid body
Technicals
1) Large Top wick rejection
on weekly candle after printing
Bear Candle last week
2) Was anticipating Bears to show up this
week AFTER a potential pullback ..
Which we did get a pullback to 1.07900
3) Price just pierced last week's
low , Monday's Low, and Wednesday's
Low
4) Price respected 1.07100 as anticipated
across the duration of current daily candle
5) Range to fill to downside down to 1.5500
💶💵 EUR/USD Suck In Accumulation 💶💵💶💵 EUR/USD Suck In Accumulation
💶💵 Nearest strong support zone: around the fibo level 0.236 of the downward wave.
💶💵 Nearest strong resistance zone: around the fibo level 0.786 of the downward wave.
💶💵 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
💶💵 Price Action: EUR/USD again closes the week near 1.08. Today was another day of fighting between buyers and sellers, I already thought we would break out the bottom after which the US session completely reversed direction. Currently, it is necessary to wait for some kind of breakout from the current accumulation, because from the current levels an upward as well as downward scenario is possible.
💶💵 The scenario I am playing is to wait for a breakout from the accumulation. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
EURUSD Short-Term Bullish AnalysisClick on Boost (like) to support these free analyses
This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- Wyckoff
- Etc.
Eurusd Sell Short term Hi All,
we can sell the euro dollar is now trending inside the channel and printing lower highs. We are looking to take this sell opportunity for the rest of the week with a cautions outlook due to fundamental news. So trade sensibly. SL above entry once trade move in our direction.
TPs Marked and SL marked.
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Many Thanks .