EURO Index - EURUSD - ShortDear All,
You could see amazing Euro Index Analyze.
I expect we will go down one more wave. If it happen so we have EURUSD down as well.
I short already EURUSD and SL would be only 30 pips. SO Risk/Reward will be great. Minimum we will touch last floor but my idea is much more!
Good Luck
FCEU1! trade ideas
EURUSD LongDXY has test 2020 open, EURUSD also has tested 2020 jan open, So am planning to buy below month open in the blue box and then see if we can make a retracement of 2021 3rd quarter extension.
I'll buy micro eurusd, am using different methods, mapping the quarter and month to get precise entries.
6E EURUSD Possible Areas of OpportunityIn the chart published, the marked area with a green box is a great area to look for long opportunities as long as price shows us a confirmation for a trade. It is rather a big zone so lowering to the smaller timeframes would be wise in order to get a better entry. 1hr must first form bullish market structure or reject multiple times the marked area in order for a trade to be considered. Good luck on your trading.
EU commenced new swing Still short @ 1.1540 just before the breakoout, however a new swing has started so wee will be tageting P4 but watch out for a possible fail at the 1/2 or 5/8 area. The 5/8 area has an old low that could offer support around 1.1180. Anyway be safe and wish you the best in this upcoming trade.
Long EU FuturesAfter taking a small loss on my last trade, this opportunity appeared. Noting that 1520 was unlikely to be penetrated based on point & figure charts and a bullish divergence bar on the 30m TF, I went long at 1.1526.
Hopefully this turns out better as I start the week up 51 pips and will continue to hold for the rest of the week until 1.1700 is tested.
Euro 6E - Breakout
I'm sure the Europeans will be excited to wake up and see the the Euro is out of the basement.
Of course makes sense that this would happen while they're all sleeping. Thanks Asian session buyer?!
Down channel is now broken.
After pausing at a Point of Control (not viewable 6 hr chart) - its picked up steam and heading to towards this POC only viewable on 6 hour + chart. Which is also at the .382 Fib.
This is the easy target - as these things go, they always go further than you could expect so moving up to the High Volume Node is not out of the question sitting at $1.17490.
This is a good spot for rejection - as its median price on this chart.
There is higher target higher at 1.17980 - that seems far off. But hey you never know, bias doesn't help much in trading.
This last move has been quick and sneaky.
CME:6E1!
We keep short in 6E - Weekly chatHello Traders
In the absence of today's close to analyze volume. the euro/dollar future is still short, at least that is the information that the volume indicator says.
The fast volume indicator just gave a short signal, also the slow volume indicator confirms the short trend.
If the price closes below the 38.2% fibo there is a good chance that it will go for the 50% fibo, exactly 1.15.
Keep it simple and mechanical
Have a good day!!