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Eurodollarbuy

AW Euro Dollar Long Trade Buy Setup Chart...Check out the explanation for this chart in the video linked below. The expected risk\reward ratio at a minimum is 18:1 Entry: 1.09297. Stop: 1.08518. Target: 1.23436. Things that invalidate this idea include: Price breaking support before the entry level is reached or if entry is reached and price reverts and breaks support. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Long
by AriasWave
AW Euro Dollar Long Trade Buy Setup - Possible 18:1 Risk Reward.Check out the latest wave count for the Euro. In this setup we are one step closer to the EURUSD pair moving higher. There is one wave that occurred at this recent high that explains the confusion experienced recently. I also went back and corrected some potential misidentified counts at the beginning of this recent Wave 2 correction. Hopefully this time we actually start to see impulsive price action moving higher. Entry: 1.09297. Stop: 1.08518. Target: 1.23436. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Long
by AriasWave
Europe is arming. Will the printed money go to the gun? &USAWhen we look at the past history, Germany, whose army was liquidated by nato and russia, decided to form an army again. Europe will invest its savings in arms. Since the world arms market giant is America, the biggest demand for dollars will come from Europe, what triggered this, Russia's attack on Ukraine? of course no. The second largest army of the allies is the rapprochement of Turkey with Russia and China. Read. | BRICS | SCO | Source : www.theguardian.com www.economist.com www.ft.com www.bloomberg.com www.reuters.com This is a game. Players, please take your seats. It is not investment advice.
by TraderEtc
EURUSD- Short tf (4hr) analysisThe EURUSD has being in a bullish trend since December 25 2016 (based on the Weekly tf) and the trend should resume albeit the temporary sell off as shown on the 4hr tf. For the 4hr tf, I have shown the evolution of the trendline for price action with Trendline 1 being the major trendline, while Trendline 2 is a more recent and steeper trendline. Trendline 1 is therefore stronger than Trendline 2. I have marked 3 areas in light green where the market offers support for the EURUSD The actual number derived based on price projection (y axis) for the different support areas are given below: floor 1: 1.23906 and 1.23960 floor 2: 1.23561 and 1.23599 (this intersects Trendline 2 so it is does offer a strong support for the EURUSD) floor 3: 1.22977 and 1.22959 (This intersects Trendline 1 so I will consider floor 3 stronger than floor 2) If EURUSD breaks via floor 1 then look for floor 2 to possibly provide support and if it doesn't then floor 3. I have also marked Ceiling 1 and Ceiling 2 on the chart. These are resistance areas for the EURUSD and the range for each "ceiling" is given below. Ceiling 1: 1.24874 and 1.24894 Ceiling 2: 1.25326 and 1.25329 P.S. Ceiling 3: ( I could not mark this on the chart as it is still a bit far away): 1.26107 and 1.26225 Most conservative trade : Wait for price action to move above the most recent high (i.e. 1.25568) and buy the BREAKOUT!. Your take profit area would be 1.26107 (the lower range of Ceiling 3). Your SL will be calculated based on how much you are willing to risk on the trade for this set up.Generally anything that offers a risk/reward of >3:1 is good. Slightly Aggressive approach If price attempts to break above 1.24603 and then SL will be just under the lower range of floor 1: E.g. 1.23877 MOST Aggressive approach BUY as soon as the market opens and put your SL just below the lower range of floor 2. So maybe 1.23531 I like using 3 Moving averages and my personal preference is for the 40 EMA, 21 EMA and 9EMA. I use the slope of these 3 EMA's a a great way to also determine the trend. Currently, all 3 Moving averages have a rising slope so there is no reason to believe that the bullish trend in the EURUSD is over. A close in price action below Trendline 2 and also the 3 EMA's having a negative slope would make me REALLY consider my bullish bias for the EURUSD. If not, the EURUSD should remain bullish.
Long
by Coin_Analyst