Euro supply zoneswaiting for price to close above or below narrowing bb for direction , some nice supply zones above.Eby tmurderUpdated 2
Short EUR Futures and corresponding EURSUSD forex levels b]Trade only on Demo till you understand - atleast 4 weeks post your results Always trade at your discretion Taking trades during overnight usa hours before 4 am EST is risky so avoid it when trade oppty is on 1min or 5 min, dont enter it if it doesent get triggered with in 2-3 hours of the posting Always take trades that will fit your risk profile You can always ask if there is any other pair you want me to look at Pls note my trades are not opinions, this is based on what the chart is showing. Some will work out , some won't. Always take profits when you see 1:2 to 1:3 and re enter on a bounce. if the market continues with no reversal trade published. try not to become overnight millionaire on one tradeEShortby FXNEWLIFE1
Triple top range before ECB event The EURO has put in a temporary consolidation ahead of the ECB event later today. Once you zoom out, you'll see that there is significant room for the EURO to move higher. But a break below 1.19 could start a new bearish phase and the triple top shows temporary exhaustion of the bulls. There hasn't been a bearish phase in quite some time. Eby Tradeciety21
Euro Clearly Broken after Throwover test of new highs failed $6EEuro Looks much lower to us EShortby OneMinuteTrader2
eurusd 6e rather be long than short atmeurusd 6e rather be long than short atmELongby safstromtrading0
Guys time to pay attention on E6!Again commentary later if you guys don't mind. Now have to focus on watch for higher high, higher low.ELongby trutt79Updated 1
EURO Futures Possible Trend ReversalThe technical factors for a reversal at this point are: 1. Volume spike a few days ago. 2. The recent high is at R2 yearly pivot 3. There is a divergence on the 3/10 oscillator and its slow line So with this, all these timing factors are lining up... 1. Gold - reversal to short side 2. US Dollar Index - reversal to the upside 3. Yen futures - reversal to the downside 4. US Bonds - reversal to the downside See previous charts. This is an interesting juncture in time and one to watch carefully.EShortby patricktapper1
Everything is moving along my analysisE6 is now retracing into the long structure. I am preparing to take a position once a higher low higher high candle is formed. Good luck boys. Eby trutt792
Building a case to long Euro Trading is similar to investigative work. At this point and time, I do not know the high is formed or not but it's ok since I trade pull backs and I want to illustrate how I use various perspective to gather evidence to substantiate a trade. So, if the current high is at 1.2082, what I'd do is to wait for Euro to pullback to the zone highlighted in Blue. I am willing to take a trade because A) Risk to reward is in my favor B) This blue zone will hold if the evidence point conclusively to long C) I do not have to guess where the breakout ends and is not stress It works for me because I have time to build my trade plan, knowing the risk to reward is in my favor, and of course your own statistics of win/loss ratio that it becomes "easy to manage". I may still get it wrong after waiting but the result of this trade itself does not determine the long term outcome of your equity curve. As long you adopt certain mindset that winning and losing is part of the game, you are ahead of the game. ELongby trutt79Updated 2
Building a case to long Euro Trading is similar to investigative work. I gather evidence to substantiate a claim and this is how I do it. Euro, having break new high's continue to gather pace in bullish momentum. The reason I don't trade breakout is I could not quantify how much the move is going to be. The traditional way is to measure harmonic moves and expect the current move to match previous move, but I find this method ineffective as it was before. You could also try fib extension, Atr etc for your exits. I am just more comfortable (a point I keep bringing up) sitting back and wait. Thus, I have time to gather a bullish case for Euro (E6) and will consider taking a position once I see it retrace to 61.8% and above. The bulls must be able to hold its previous bullish structure. If I get in, my stop is 5 - 10 pips below the blue zone highlighted. I don't place an arbitrary figure on how far your stop should be place but do note that the shorter time frame you trade, the lesser allowance you have as the risk to reward will not be in your favor. Take your time to experience this and slowly you get my point. Eby trutt794
Euro is ready for the takeoffThe US Dollar is now under pressure again. The probability of interest rate hike in September is very small. Nothing prevents Euro from testing psychological 1.2 level. Open interest for Euro fx future contract expiring in September had increased more than 2% (93331 contracts) on Friday. I consider placing a long trade from a pullback, or in case it doesn't happen, going in the direction of an upside breakout.ELongby QuantiliUpdated 7
Simple Pullbacks will do on EUR All i need to trade on EUR/USD will be a pullback to this bullish structure which ideally gives a good risk to reward as well as, the uptrend will remain intact Most of the time when there is a trend you rarely will see Patterns to trade and you can plan for breakout as well. ELongby trutt79Updated 3
euro/usd RANGEEuro has been in a range 1.06-1.15 for two years. We are again on the top of the range. Look for selling opportunities. Probability H.Eby LEONESUpdated 669
Long EURRUB - mid term setupLooking forward for a reversal in Euro / Ruble pair in a short time around low 60s levels. Watching for a MA(14), as even 1 bar breakout can result a change of movement. To be continue with UPDs after mid-March expiration. Our initial target is at 80 lvl.ELongby PandorraUpdated 6
EUR/USD arrived at targetEUR/USD arrived at target Now small withdrawal to 1,146 and then resumed to 1,15Eby XiNiaN7