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Eurusdsetup

EURUSD forming buy area!EURUSD forming a support area and rejecting the area of 1.15400. Ill be waiting for another rejecting on the 1hr to get long entry's from that support, this could be an opportunity for a longer term swing trade but also we could be consolidating so ill be taking a percentage profit around first targets, target areas if I do take that long trade will be around 1.15900 which is last 4hr resistance. Make sure you are always risking appropriate to your account size, and have a good week!!
Long
by jamison_fx
6
EURUSD more short trades taken!!I have taken short trades on EURUSD as we see some USD strength creep back into the market, now that we have seen the first sell off on the lower time frame it gives us a good indication that this area holds significance as a resistance (1.16150). Price does look a little to good to be true at the moment for a large move so I've moved stops to entry point so running risk free and if price pushes back up past that I may look for re entry's at a better price.
Short
by jamison_fx