EURTRY updatethe pair is trying to go higher after testing the local static resistance line. we are expecting for go higher toward 20.35 please share your comments and like if u re interested tnxLongby MtICHIPublished 3
Turkish lira - Will take a Break then Higher to 26,5 per Euro Turkish Lira at 20 and our trade is now complete: Perfect (re) entry at 15,8 before that Breakout: and it was a 'perfect entry': Let's not forget the also perfect first entry here: www.tradingview.com Trading wise i must admit, these EURTRY trades have been fantastic for us but at the same time it's a worrying sutuation for Turkish people (maybe not so much for Erdogan but i really don't want to go into politics nor to analyse his thinking or decision making). High inflation will keep Turkish people paying more for their imports and make it impossible for most to get education abroad or buy a German car. At the same time it will make it easier (in a degree) for Turkey to produce and export but that will also be affected sooner or later because we do live in a 'connected world' and producing also demands importing (energy, material, goods, technology etc) Elections are coming next year and volatility of all kinds is already on: www.hrw.org TECHNICAL ANALYSIS: My chart shows that the price may drop to 18.49 before a new test of the 20 Liras resistance (rounded psychological resistance of the strongest kind). Once and if price goes over 20 Lira /euro then 26,5 will be a key level to watch out for. Can the price drop back to normal levels of 12 to 15,5 ? Only if political situation normalizes and things go smoothly in Turkiye. Then again, Erdogan is full of surprises...which is probably not a good thing. One Love, The FXPROFESSOR Ps. Putin and the US all want Turkey 'close' and the country is trying to balance itself with a leg on each side. Historically Turkey takes 'sides' once the winner is clear but that will take time at a period where time is ticking out for Turkish people's prosperity. It doesn't look good to me. by FX_ProfessorPublished 776
Flag Pattern!It will grow up forever. because Turkish currency losing its value continuously! by SaadmeemPublished 0
Short EntrySeries of lower lows and lower highs with bearish engulfing candle on most of the LHShortby adeelaftabPublished 1
Back to 13-15!If we get a close wirh clear volume below, we could expect drastic moves to the downside ! Shortby deradanatellermachtsattPublished 2
Goal: 1952.7 Units (EURTRY)EURTRY Entry Price is 18.32801. Pivot Point level is at price 18.32801. Longby TradeLive-Published 0
EURTRY Pivot Point and Trend Line Watch how price reacts to Pivot Point and Trend Line.Longby TradeLive-Published 0
EURTRY $EURTRY Initial LongEURTRY $EURTRY Initial Long. This is a pure momentum signal just as are every other signal I post. ZERO other factors are considered in producing this signal. Entry reasons: EURTRY is showing momentum and confluence of mean reversion crossing up the 70 day price mean. Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and 1.5xATR offset.Longby loxxPublished 117
Entry Price 18.36680 Target Price 18.46900 (EURTRY)Expect price to increase 1322.0 units for currency market EURTRY. Longby TradeLive-Published 111
Pip Goal: 1771.4 Pips (EURTRY)After the rejection candlestick formed at price level 18.14370, I entered a long position. Longby TradeLive-Published 1
EUR/TRY LOOKING BEARISH, THIS IS WHYI am aware of the current geopolitical problems in the world and especially in Turkey. Also the economy of Turkey has had a very hard time. In 2023 there seem to be re-elections. Maybe if they get rid of Erdogan there can be a future. Also 2023 is like the holy grail year for the Turks because they can "pump the oil out of the ground", because of a so called 100-year contract ending. Anyhow, returning to the chart what I see is a double top and a breakout downward from a parabolic move. I would be comfortable to buy some Turkish Lira at these levels, looking at those signs and the current risk level.Shortby Crypto_HaguUpdated 2
EURTRY - Forex PerfectionFirstly, a Perfect entry: Secondly and most importantly: EURTRY Long perfectly hedged the EURUSD Short from 1,23 to parity: Not sure how impressed anyone might be but hey: professor proved the nickname with this set... Not to mention that is also hedges EURAUD Short now (that has replaced EURUSD short): Been killing it, couldn't have asked for more. One Love, The FXPROFESSOR Keep in touch for More!Longby FX_ProfessorPublished 444
Up... GoThis is important week for all currencies, especially the weak onesby MohamadyaserPublished 0
SMALL SELL COMINGLooking for a small sell on the EURTRY. The pair is forming a small expanding triangle which is a continuation pattern for further downside. I will be looking at this pair as we come close to the Moving average & on Zero crossover. Best regardsShortby thesharkkeUpdated 1
EURTRY $EURTRY Short ScalpEURTRY $EURTRY Short Scalp. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.Shortby loxxPublished 2
Turkish Lira - The Perfect EntryBeen a great timing but after all that's how I try to stand out. Much of my audience is 'Crypto only', others are 'against trading with leverage' and the worst category is ' I trade leverage but I have no idea how to do it right'... All 3 categories have an EXPIRATION DATE: Crypto only will lack understanding of the markets and I'm afraid to say the x100 x1000 are probably history. The 'No leverage' category has no means to go short... Expiration almost guaranteed Lastly the 'aggressive' ones with no knowledge or even worse when they 'Think they know' but they don't, now that's GUARANTEED Expiration. EURTRY Trade, perfect execution on May 9 :https://www.tradingview.com/chart/EURTRY/mUBPkt7E-EURTRY-Inflation-Beast-is-Back/ 1. Fundamentals were strong (just read the post then and the reasoning) 2. Technically: Breakout, equals perfect entry 3. Risk management: reasonable risk 4. RRR: Totally worth the risk 28 days later, 33 times the risk and still going strong One Love, the FXPROFESSOR PS. Erdogan is becoming dangerous.. for Turkey and the Turks. barış, kardeşlerLongby FX_ProfessorPublished 8812
Short!!! Turks will introduce new eco packages!I expect it will revisit the support line around 11.5 and stabilize around 12.Shortby babitbahadirUpdated 440
EURTRY - Ready for the Next One? 😺Allow us the Happy face and the good mood because simply, this was a PERFECT ANALYSIS and EXECUTION! We are referring to this idea of ours back in May 9th (yes, we do trade what we post): x20 in a classic Forex trade is something to be happy for and today we will take some profit. It's not the first time we get EURTRY right, feel free to check our previous posts below. FXPROFESSOR STYLE indeed..Who is ready for the next one? 😺 One Love, the FXProfessor Longby FX_ProfessorPublished 889
EUR/TRY analysis for next 1 month.I think EUR TRY part will test 15.70 again and then will go to 16.80, 17.30.Longby orkhankhfPublished 0
Ichimuko: EURTRY I have a dream. Go to romantic TurkeyIchimuko: EURTRY I have a dream. Go to romantic Turkey but.....COVID-19 epidemic situation Forget it....Go to bed and have everything. If you refer to my strategy, please control the possible loss of a single transaction at 1-2%! No matter how accurate, trading is a multi-party game many times a day! If you have a big position, there will always be a wave of wrong market burying your account The following link has my trading behavior report, which is convenient to understand the profitability and stability of the strategy Shortby ichimoku163Updated 0