Get started

Eurosell

EURUSD – SPOT: Selling On RetracementEURUSD – SPOT: Selling On Retracement To Within The 50% Range Of Bearish Fakey + Long-Tailed Pin Bar Setup Price Action: Price formed a Bearish Fakey + Long-Tailed Pin Bar Setup overnight. Price exploded higher from the Giant Bullish Fakey Setup that had formed late last week (We did not consider trading this setup, as given its huge size, it would have been hard to manage risk-reward). Potential Trade Idea: We are considering selling on a retracement higher to within the 50% range of the current Bearish Fakey + Long-Tailed Pin Bar Setup.
Short
by UnknownUnicorn393254
EURUSD – SPOT: Selling On A RetracementEURUSD – SPOT: Selling On A Retracement Price Action: Price moved higher from the Inside Bar Pattern that had formed late last week (We did not consider trading this pattern). Price moved significantly lower from the recent Bearish Multi-Bar Fakey + Pin Bar Setup (Event Zone) that had formed over four weeks ago (We suggested trading this setup in the April 25th, weekly newsletter and hopefully some traders got on board). Potential Trade Idea: We are considering selling on a retracement higher to within the range of the prior Bearish Multi-Bar Fakey + Pin Bar Signal (Event Zone) that had formed just under the 1.0804 – 1.0937 key resistance area, over four weeks ago.
Short
by UnknownUnicorn393254
Keep signal in Short: German Data is failled: Sell of EuroWow, as I see in the past 3 weeks, I catch up my prediction that Euro/Sterling Pound is drop, now this is the reality it. Now, if you see, this is a bear scenario that I see in this par Now, in H1 we see an Euro so bearish and we hope an entry short in this green zone with the good candlestick + confirmation to entry in short Fundamentals Keys: 1. Euro/ Sterling Pound exchange rate rangebound as markets brace for the US Jackson Hole Symposium 2. Euro/ Sterling Pound exchange rate steady as French Business climate in manufacturing improves 3. The Euro flls despite stronger-than-expected German Growth Data
Short
by harisonhbn9718
EUR/USD SHORT Fundamentals: - The QE program in the Euro zone is still well under way and the latest Non Farm Payroll figures squash Janet Yellens speech last week which I expect to bring the Euro back down to major support levels. The recent rally in the Euro has mainly been caused by the weaker USD which now seems to be back on the strong side. I will be looking to sell again this week taking technical’s into account. Technical's:- On the bigger time frames the technical signals still need to be confirmed for the downside. However on the 1 hour chart you can see an opportunity to use the head and shoulders formation to take a short term sell position. The entry, stop loss and take profit level are clearly marked on the chart.. Take the professional traders course for free bankonadam.com
Short
by FreeForexSignals4u
EUR/AUDFundamentals:- The Euro is still one of the weakest currencies out there at the moment and with further stimulus likely in March from the ECB we should see further downside. The AUD has been showing some strength in the economy but still has some mixed data. It is the technical picture that makes this trade more attractive at the moment. Technicals:- As you can see on the charts I have highlighted a very clear double top pattern and the price is currently sat on the breakout point after rejecting the recent attempt to move higher. I am looking for a new low on this daily candle to enter with a stop loss above the recent rejection.
Short
by FreeForexSignals4u
short EURUSDThe success of this trade is really going to depend on the outcome of the ECB press conference later today. If the ECB is dovish then the Euro will fall to previous lows of this year. However if they come out with hawkish tones in their language then we could rally back to 11050 and 13000. The fundamental direction for the Euro is bearish so I expect it to return to sell s even if it does rally. I will be taking the risk today and selling from under 10900 before the meeting with a stop above this months high. bankonadam.com learn to trade like a pro
Short
by FreeForexSignals4u