Get started

EURSEK

Long EURSEKGood morning traders, I´m attempting an small long on EURSEK . Be careful with the size of this position because this pair is highly volatile . From a fundamental stand point, yield diferentials between Euro vs Sek support this trend. Technically the move above 200 MA , and upside breakout of the triangle favours a bullish scenario. 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade Josep Pocalles
Long
by Realisto_FX
2
EURSEK - Decision to break or keep trendingEURSEK has arrived at a trend channel top and a resistance level. It looks like it wants to break out, so watch for that. In that case the target would be the next resistance around 9.39. There have been earlier fakeouts, so would give it a day or two closing above the trendline around 9.3. If EURSEK does not break out in the next days then it will probably just continue the trend channel down to around 9.1. In that case a short around 9.25 would be in order.
Long
by GeneraldisastersInc
1
EURSEK - long (short-term). PA above Kumo, waiting for KijunFirst of all, essential information that affects this pair: Central bank officials have tried talking the currency down to little avail. The central bank warned on December 30 that it could intervene. At the end of last year, the euro was at eight-month lows against the krona (`SEK9.12). The Riksbank is steeping up its efforts. (www.marctomarket.com) See also: www.reuters.com But meanwhile for the next days.... EURSEK is entering in bullish area where buy trades could be fillled. The PA must break the 9.28 level first. It is also necessary to monitor the Kijun as its exit from the cloud (Kumo) will be an additional signal for a long entry. The lagging span is also interesting as it is bouncing against a trend line shown in blue. Hope you enjoy. Thumbs up if you agree, thanks.
Long
by albert.callisto
Swedish Krona - Just above long term support.I've been looking to this chart for a long time now, and we may find a good risk/reward short entry on that currency. On the right ---------------- SEK is now very close to bounce at least on monthly support. On the left -------------- Between EUR/SEK and USD/SEK, I prefer USD/SEK where we can find a good short entry in the following days. *** Short from 8.13610 Stop Above 8/1 Gan fan lines 8.19 Multiple Targets at fibonacci retracements level. (double digits Risk/Reward - You can be more loose on the stop loss). Improve: It's maybe not the most optimal pair to short vs dollar so you may find a better strong/weak pair on other exotics. Do you researchs.
Short
by B33tcoin
1
ERUSEK a short from neckline retestFrom larger timeframe I can take a strong bearish week below 3 months low. I am now looking at a neckline retest and there is a channel of sorts with macd divergence from the recent peaks. Price remains below the f6 from the downflow that I have identified. My bias is wrong if it should day CLOSE strongly below the green lines. Spikes are not considered SL for me. TP i can look to aim at recent low and have the other portion extended to below.
Short
by nakedchartist
4