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EURUSD.P trade ideas

EURUSD Buy TradeTime Frame: - H4: FVG Identification - H1 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 1.0807 area, indicating a reversal in market sentiment. 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0806 - 1.0810. 3. Position: Entry : 1.0825 Stop Loss : 1.0811 Take Profit: 1.0849 RRR : 1:1,9x ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Long
by Phoenix-Rise-Trade
HelenP. I Euro can little grow and then start to declineHi folks today I'm prepared for you Euro analytics. Some days ago price rose to the resistance level, which coincided with the resistance zone, and tried to break it, but failed and fell below. But soon, the price finally broke this level and entered to consolidation, where it at once rose to the top part. After this movement, the EUR turned around and made a correction to the resistance level, after which at once bounced and started to grow. Later EURO rose back to the top part of a consolidation, which coincided with the trend line, and then started to decline. In a short time, the price fell to the 1.1 resistance level, and broke it, thereby exiting from consolidation and continuing to move down. Later price reached the trend line and broke it, after which made retest and continued to fall. But a not long time ago it rebounded and started to grow, therefore I expect that EURUSD will rise more and then continue to fall. That's why I set my goal at 1.0750 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
7
EU SL at PLSell EURUSD at Psychology Line and along with Asia Low. Be mindful that their is news later in 3 hours plus. Even the Unemployment change have less reaction towards EU pair. Flash Manufacturing PMI later at 9:45pm will have a significant roles towards the market. If price still hanging round the entry area. Advice to close the trade and wait for a new opportunity to reenter the market. Target Profit is 30pips and with a stop loss of 10pips. Always move to BE once moved 50% in profit. If you are happy with 1:2 RR trade can close early too.
Short
by tradingwith_ryann
EURO - Price can bounce up from support line to $1.0825 levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently, price started to decline inside falling channel, where it some time traded near $1.0955 level and then broke it. Next, price fell to support line of channel, after which bounced up to resistance line and then continued to decline. Some time later price declined to $1.0825 level and then bounced up to resistance line of channel. But after this, price turned around and then bounced down, thereby breaking $1.0825 level and entering to resistance area. EUR tried to rise, but failed and continued to decline inside falling channel, and recently reached support line. Now, I think that price can correct a little and then bounce up to $1.0825 resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
12
Trading Forex Without a Strategy? These Are the ConsequencesForex trading involves buying and selling currencies to profit from fluctuations in their exchange rates. As one of the world’s most liquid and fast-paced markets, it offers vast opportunities but also significant risks. The dynamic nature of forex trading makes it essential for traders to have a well-defined strategy to navigate market complexities effectively. The importance of having a trading strategy cannot be overstated. It provides a structured plan that outlines how to enter and exit trades, manage risk, and achieve trading goals. Without a clear strategy, traders often find themselves making impulsive or emotional decisions, leading to inconsistent results and increased losses. In this article, we'll explore the consequences of trading forex without a strategy, highlight the risks associated with this approach, and discuss why a solid strategy is crucial for consistent success. ⭐️ Read the entire article as I'll include tips and strategies to help you get started. What Is a Forex Trading Strategy? A forex trading strategy is a structured plan that guides traders in making informed decisions. It defines specific rules and criteria for entering and exiting trades, managing risk, and achieving trading goals. By following a well-defined strategy, traders maintain consistency and discipline, which are essential for long-term success. An effective strategy typically includes: 1- Entry and Exit Rules: Criteria based on technical indicators, chart patterns, or fundamental factors to determine when to buy or sell. 2- Risk Management: Guidelines for setting Stop Loss orders, position sizing, and risk-reward ratios to protect capital and minimize losses. 3- Goals and Objectives: Specific profit targets and trading frequency to ensure traders have measurable and achievable benchmarks. Risks of Trading Without a Strategy Trading forex without a clear strategy can have significant consequences: ⭐️ BONUS 1 Emotional Decision-Making Without a strategy, traders are more likely to make impulsive decisions driven by emotions rather than rational analysis. For instance, during a sudden market dip, a trader may panic and sell, only to miss a subsequent rebound that a strategy would have anticipated. Inconsistent Performance A lack of structured guidelines results in inconsistent results and unpredictable performance. Research shows that traders without a strategy often experience higher rates of failure and lower returns compared to those who follow a disciplined approach. Increased Risk of Losses Without predefined risk management rules, traders may incur substantial losses if the market moves unfavorably. The absence of protective measures, such as Stop Loss orders, exposes traders to severe financial setbacks, especially in volatile market conditions. ⭐️ BONUS 2 Consequences of Not Having a Trading Strategy 1- Lack of Direction Trading without a plan can result in impulsive or arbitrary decisions, leading to confusion and missed opportunities. This disorganized approach makes it difficult to measure progress or achieve goals. 2- Inability to Adapt to Changing Market Conditions Traders without a strategy may struggle to respond effectively to sudden shifts in trends or volatility. This can lead to missed trades or significant losses due to a lack of preparation for emerging opportunities or risks. 3- Difficulty in Measuring Performance Without clear benchmarks, traders cannot accurately track or evaluate their performance. This lack of metrics makes it challenging to refine strategies or identify areas for improvement. 4- Benefits of Having a Well-Defined Trading Strategy Consistency and Discipline. A solid strategy enforces rules for entry, exit, and risk management, reducing the likelihood of erratic behavior. Successful traders often attribute their achievements to adhering to well-developed strategies. 5- Improved Risk Management Strategies include guidelines for setting Stop Loss orders and managing position sizes, minimizing potential losses. Traders with effective risk management practices tend to experience fewer large losses and achieve better returns. ⭐️ BONUS 3 6- Clear Goals and Objectives A well-defined strategy outlines specific trading goals, providing a roadmap for success. Setting measurable objectives helps traders track progress and make informed adjustments to improve performance. How to Develop an Effective Forex Trading Strategy 1-Assess Your Trading Goals Define what you want to achieve—whether it's generating income, growing capital, or improving skills. Set clear, realistic objectives that align with your experience and market conditions. 2- Choose a Trading Style Select a style that suits your personality and time commitment. Options include: Day Trading: Involves multiple trades within a day, focusing on short-term price movements. Swing Trading: Involves holding positions for several days to weeks to capitalize on market swings. Scalping: Seeks small profits from numerous trades, focusing on quick entries and exits. Position Trading: Focuses on long-term trends, holding positions for weeks, months, or longer. 3-Backtest and Refine Your Strategy Test your strategy using historical data to evaluate its performance under different market conditions. Refine the strategy by adjusting parameters based on results, increasing its effectiveness and adaptability. 4-Utilize Tools and Resources Leverage trading platforms like TradingView, known for their advanced charting tools and indicators. Use educational resources like webinars, online courses, and forums to enhance your knowledge and skills. ⭐️ BONUS 4 In Conclusion... A well-defined trading strategy is crucial for success in the forex market. It provides a clear framework for making informed decisions, setting precise entry and exit points, managing risk, and maintaining consistency. Without a strategy, traders risk falling prey to emotional decision-making, inconsistent results, and significant losses. Implementing a solid strategy ensures that every trade is driven by analysis and predetermined rules, enhancing your ability to navigate market fluctuations with confidence. By setting clear goals, refining your approach, and leveraging available tools, you can build a reliable and profitable trading practice. Take the first step today: assess your trading goals, choose a suitable style, backtest your strategy, and utilize resources to create a comprehensive trading plan that aligns with your objectives. With the right strategy, you’ll be better equipped to handle the challenges of the forex market and achieve long-term success.
Education
by FOREXN1
1
Bearish Momentum Below 1.0772, Bullish Potential Above 1.0865Key Pivot at 1.0830 Guides the Next Move with Support at 1.0680 and Resistance at 1.0915 Bearish: If the price remains below 1.0772, it suggests a continuation of the downtrend towards the support at 1.0680. Bullish: A break and a sustained move above 1.0865 could signal a bullish till 1.0915 and above it will touch 1.1005, shifting the momentum upwards Key Levels: Pivot Line: 1.0830 Support Lines: 1.0770, 1.0680, 1.0618 Resistance Lines: 1.0915, 1.1000, 1.1082 Trend Outlook: Bearish under 1.0772 Bullish by stability above 1.0865 previous idea:
by SroshMayi
EURUSD direction thesisAs I've discussed here on this platform the importance of focusing on mostly these two things, FVG & Liquidity, why? Because price always only seeks these areas, either one of both. On the daily here we see that our monthly FVG was not important as price was evidently seeking liquidity, and now that price has rebalanced it will look to continue with strongest momentum, the strongest momentum in this pair is BULLISH movement because on higher TFs price is going up. Price will leave behind inefficiencies and that it will seek to balance, that will be our cue to enter on lower TFs. Will keep posting POV.
Long
by ManMcPriceaction
EURUSD BUY FROM GIVEN ZONE AND SELL TILL BUYING ZONE HELLO TRADERS As I can see eurusd is get rejected from 1.12000 levels which was a strong resistance on weekly and daily charts markets are rejecting on the base of DXY gain which can be more up side till 105 to 106 levels and then drop we are now selling this pair till it hit our buying zone for selling this pair above last broken support is a stop loss can be good R:R US elections and fundamentals geopolitical help to BOOST in EURUSD Pair as we can see DXY in now near at resistance levels but it can create some fake out on daily charts to manipulation by market makers but our risk and reward is great on this trade it's just a trade idea make a proper research and support the idea it help many other traders patience is the key in trading success with proper money management rules Stay tuned for more updates
Long
by APEX_TRADING_ACADMEY
EURUSD Analysis for the upcoming week (28 OCT - 1 NOV)EUR/USD Analysis for the upcoming week (28 OCT - 1 NOV) Trend Overview : EUR/USD has shown bearish tendencies on both the 4-hour and daily timeframes, trending downward within a defined channel. Despite the fact that it's trying to break that channel, without an obvious break and a retest it remains bearish. Key Support and Resistance Levels: Immediate Support : 1.0800 is acting as a psychological and technical support level. Immediate Resistance : Around 1.0850, with stronger resistance at 1.0880. Indicators Overview: Moving Averages: Both 50 and 100-period SMAs are sloping downward on short-term charts, reinforcing the bearish trend. RSI : Currently around 34 on the Daily chart, indicating a slightly oversold condition but not yet primed for reversal. Price Action and Patterns: EUR/USD continues to respect its descending channel, marking lower highs and lower lows. Recent attempts to breach resistance at 1.0850 have failed, reinforcing the bearish outlook. Fundamental Factors: Eurozone PMI figures disappointed recently, adding pressure to the Euro, while the U.S. dollar continues to benefit from strong economic data and an anticipated Federal Reserve policy stance. Potential Scenarios: Bearish Continuation : If price breaks below 1.0800, further downside could target 1.0770 or even lower in the medium term. Upside Reversal : A sustained break above 1.0850 could suggest bullish momentum, aiming toward 1.0880. Conclusion: Overall, EUR/USD is positioned for continued downside pressure while below 1.0850, with potential moves to 1.0770 if bearish momentum holds. Caution is advised for potential reversals near support.
by Amr_m
EURUSD TREND BASE SALE EURUSD BUY ENTRY 1.08217 SL 1.0840 TP 1.0763 The daily market trend is bearish, forming lower lows (LL) and lower highs (LH). On October 22, it broke the support level, created a new low, and is now retesting that support, which is being viewed as resistance after the breakdown. In the 1-hour timeframe, the market has formed a double-top trading pattern. The pattern's neckline broke to the downside with the start of the London session. A trade was taken on the retest of the neckline
Short
by ArtOfTrading33
EUR/USD Finally Finds Some Support, But Can it Build a Bounce?EUR/USD Talking Points The strength from Q3 has been mostly erased so far in Q4, with a fast sell-off developing in EUR/USD. In late-September the pair continued to grind away at the 1.1200 handle but not even a month later the pair has dropped by more than four big figures. Support showed up at the 1.0761 level looked at on Tuesday. The big question now is whether that can lead to some profit taking from sellers, which could build a bounce and that can remain of interest for bears looking for lower-highs. EUR/USD has now traded lower for 15 of the past 20 days. An amazing trend by any stretch but perhaps even more so when compared to the strength that showed in the pair during the first two months of Q3. While that prior bullish trend put in a month of grind at the 1.1200 level, eventually failing, the bear move that’s come in response has been fast and heavy. There’s been only a minimum of pullback so far and any excuse for sellers to continue pushing has so far contributed to continuation. Last Friday brought a bit of bounce. That went along with a pullback in the USD from the 200-day moving average. But support soon showed at a key zone in DXY and bulls were off to the races (and bears in EUR/USD) after this week’s open. In EUR/USD, that resistance earlier in the week played-in right off the underside of the 200-day moving average. At this point the challenge is chasing an oversold trend as RSI on the daily remains in oversold territory on EUR/USD. There has been a bounce showing thus far at Tuesday's level looked around 1.0761. That price is the 38.2% Fibonacci retracement of last year’s sell-off, and its confluent with a trendline originating from last year’s low. EUR/USD Longer-Term Just as I was saying in September when strength was all the range, EUR/USD remains in a range that’s been in-play since last year’s open. There have certainly been some clean shorter-term trends in the confines of that ranging backdrop, and we’ve made a fast move towards the support side of that range but if we do see sellers continuing to push, those values could soon come into play. The current 2024 low plots around the 1.0611 Fibonacci level, which is the 38.2% retracement of the 2021-2022 major move. On the below weekly chart, I’ve linked that level to the shorter-term Fibonacci level at 1.0643 to create the next support zone, down. Below that, it’s the 1.0500 level that put up considerable fight for about a month before leading to a turn a year ago. --- written by James Stanley, Senior Strategist
Short
by WHSelfInvest
EURUSD Growth Supported by US Election UncertaintyEURUSD Growth Supported by US Election Uncertainty Yesterday, despite the US reporting very strong PMI data, the USD lost its bullish momentum. At this moment, the market's hesitation to bet on a stronger USD is not related to the FED. Instead, it is driven by uncertainty surrounding the US elections. EURUSD broke out from a bullish pattern after the US PMI data and continues to rise. Currently, I am looking at two short-term targets, but it could increase further. However, everything depends on the outcome of the US elections, which will determine the next price direction. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
1
EURUSD Multi Timeframe Analysis 25.10.202415m Swing Bullish , Internal Bullish , but his could be to mitigate current unmitigated 4H supply Bullish momentum is strong after sweeping daily low liquidity so I assume and will look for longs to stay with the bullish pressure until it turns out the other way Pricing in 4H supply now so we might see 15m fractal shift to bearish and give us quick short possibilities. But I will look for confirmation longs from 15m demand range nested in 4H demand, which is marked on the chart.
Long
by alplaila