Our previous trade has hit 300 pips TP (take a look at my trade idea which I've put it as a link below). There is a nice scalp opportunity now again. Sell short now.
1_ There is a clear sell short signal from the day chart - the price has reached a strong daily (in fact, weekly too) supply area. 2_ The chance of hitting TP (the lowest extreme) is high with a good R:R ratio. 3_ This trade follows the over-months trend + US fundamental news (rate hike)
Pretty confident on this high R:R trade The EURUSD has found support at 1.1435 -40 region where there is already sign of a drastic reaction. Placed a buy trade immediately after I see that. Aiming for at least 35 pips.
Continuation trade on the bearish EURUSD - high R:R (easy 30R).
Good R:R trade here - the price is definitely bearish on the larger tf. Having one of a last sells before buys!
We've been shorting EURUSD for the past few weeks with excellent R:R. Now comes a classical reversal pattern: 1) EURUSD has respected 1.17 a number of times this year. 2) The price of the day chart has shown great price action when EURUSD approached 1.17 2 days ago - now is the retest for those who did not enter the longs to come in. DONT MISS IT!!! The target is...
The retreat from the short selling of EURUSD has come to an end with this confirmation candle. It is very likely that EURUSD would continue its down trend - at least to its last low. Good R:R trade.
My previous position on EURUSD sell trade has hit TP - thanks to all the support from my friends to hold it through. Now, there might be an excellent risk:reward chance to buy up EURUSD from the current value. The long established clustered/support from the previous weekly/daily/monthly chart.
Here is why this makes a good R:R trade (aiming at least 80 pips - with the ultimate TP in the 1.2135 region) 1) The price has approached the 1.2058 region, that EURUSD has always rejected on 18 Jan and 27 Jan. 2) The 15 min candle has shown a lovely buy up signal candle 3) The demand region depicted in the rectangular region - you could see how the price always...
Just now the sell trade has generated 30 pips profit. It appears that the price has reached the buy zone 139 that it could not succeed to pierce through a number of times. Good long chance now to fill the imbalance created by the sudden drop of price near 180 region.
The sell region is indicated in the yellow box. High R:R for the trade to reach at least 150 region. Definitely a good chance! The confirmation sell signal has been seen on the 15 min!
Our previous two trades for EURUSD is one winner and one loser - due to the high R:R, we have earned 70 pips (I've linked the previous Idea below) and lost 10 pips, in effect gaining 60 pips. Here is one more trade with a good R:R - to buy EURUSD, with the target of 170 in mind (in sum 90 pips gain). Here are the reasons for this trade to work: 1) The 15 min time...
Our previous EURUSD sell trade has reached TP of 60-70 pips. Now it is best chance to buy UP EURUSD from this support 1.2110 that it has reached just now. High probability trade for one more leg up to 1.2170 at least. This is inline with the other US pairs - that have reached critical resistance (e.g. GBPUSD has reached 1.36 - the resistance turns support).
Our last EURUSD has hit TP for 30 pip profit. This trade has a good potential for 70 pips. Setting a sell order at 1.2170 is a high prob trade with good R:R: 1) EURUSD has broken the strong resistance at 1.2130 and printed the lowest candle at 1.2110 - the price is now retreating to test the previous high at 1.2170 region. 2) A limit order at the previous high...
The previous support at 1.2170 area has turned resistance since it was broken earlier today. The confirmation candle of respecting the resistance has been seen on the 15 min time-frame. High chance the trade would run to test the last low at 1.2135 or below. Good probability trade and high R:R trade that is available NOW.
Remember my previous forecast for EURGBP BEST Long Chance has hit TP with 120 pips profit (Links provided below)? Here is another great sell short chance, but for EURUSD. 1) EURUSD has surpasses the psychological level 1.2000 for the first time in recent months. 2) There is bound to be a retest of the previous level - which in this case is resistance turns...
Happy thanksgiving traders! Remember I updated TWICE on EURGBP - first on the entry and second on the retreat to enter? These have all come true and the trades are in profit (Links provided below). Definitely good chance to reach TP 0.9000 - especially taking advantage of the Brexit uncertainty. It has been reported an hour ago that Brexit talk in fresh crisis as...