Get started

Eurusdsell

EUR/USD likely to fall!Hey tradomaniacs, looks like EUR/USD has just faked out to the upside with a lot of speed and momentum in order to catch liquidity. Overall correlations do not make sense with this move as yields are not falling while indices are just choppy but bearish. Orderflow has shown an instant switch from bulls to bears with this "breakout" which is giving evidence for a fakemove. Be cautious today as market is pretty volatile due to a lack of fundamentals and upcoming holidays in the US. What do you think?
Short
by Trading2ez
3
[NEW UPDATE] EURUSD SELL Postion Quick update on last weeks SELL trade that triggered the position is running smoothly I have closed 50% of the position and moved STOP to entry price. I will now let this run to the first target are of 1.01 or below you can also see a freshly created daily DEMAND/BUY zone here which was created when we had the breakout of the bottoming accumlation period that has just occured this area could well draw bullish attention. So you can be on the lookout for buying clues around this level please take a look at my related posts to learn why this trade was placed
Short
by TheFxAce
5
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