


TheBulltrader
Testing indicators for bullish sentiment on the hour
Fibbs and trendlines for tough short but good risk to reward
Exponential Average vs Simple Moving Average between DailyClose and previous Daily Close on 1 hour timeframe
Last support was broken and I am expecting it to continue to retest last resistance at 105.346 and retouch last real support at 100.8. Lots of pips for the bears.
With EurUsd unable to break below 52 week lows and showing strong support. I believe that we are going to see a strong rebound to the upside. My technical oscillator has made a higher low and is now in positive momentum. Cheers to the bulls for 2016.
Eurusd is coming into previous support at 1.11 and may test the 61.8% Fibonacci retracement from last high. I believe selling near this trend line with Fibonacci's is a good deal to go short.
Eurusd coming close to retest previous support. Small risk to a great rewards. I am bullish until 1.08 breaks.
small stop to decent fib extension if 1.10 holds support
Eurusd has had a nice little reverse but previous support has tested as resistance. I am expecting a 1.272 fib extension near 1.083. Stops should be above previous high
I posted earlier this week suggesting that if price moved closer to support at 1.085 and 1.08; It would be a great buying opportunity with a great risk to reward scenario. There is no guarentee that this buy will succeed but these are the kind of trades I like to take. You can see that we had approximately 4 Tops near 1.14 and even up to 1.175. We are now trading...
In this chart, I have 3 things that I am focusing for this trade. 1) I am looking for Eurusd to go down lower in order for my entry order to be closer to support 1.08; I prefer to enter near .764 & .886 in order to decrease my risk and increase my profits. 2) Since this is my daily strategy, I will buy into bullish strength and not buy it when it bearish. I...
Eurusd has been been fighting to go up but was unable to break through retest of resistance. I am expecting eurusd to retest support trendline with a decent 1: 1.5 risk reward ratio. Stops are placed above last high approximately near 1.14 Happy trading mates and have a good week.
Eurusd has come to test 1.1155 level support. From this level, I am a bull and if it breaks below, I would be a bear. Great risk to rewards and could possibly become a longer term trade if 1.132 resistance breaks.
EurUsd has recently tried to go bullish but had failed. With at these levels, I am more inclined to buy even in this strong decline. I have posted bearish scenario as well as on this chart as I could see euro continue making new lows. For now I am bullish until 1.11560 and hopefully let the trade ride back high :D
Eurusd was able able to bounce off bullish trendline yesterday. With current price action, I am neutral right now but with a bearish bias for today. If 1.125 breaks, I would say its a strong signal to sell
Eurusd is showing bullish trend with holding support with the red trendline. It is good to buy at the double bottom at the 618 fibbonnaci .
Eurusd has gone down into previous resistance which looks to be the new support. Buy now back up to 1.15 for 250 pips atleast. :P