adam234

adam234

The momentum might fade, after the dollar rally yesterday. RSI divergence is worth to try a small short with tight stop.

adam234

I see very strong resistence zone at 1.3560, confirmed twice with doji candles, it might pay of to trade this topping again.

adam234

Rationale prices moved down from a HS formation yesterday, neckline has been tested today, I expect the downtrend to continue. Entry, SL and PT levels are marked with colors

adam234

trade entered from 1,3519 with a stop of 1,3540 target price area 1,3484 Rationale: clear retest of previous good support --> now resistance

adam234

Gold seems to respect a downward moving trendline, a regression channel might be able to stop the unexpected climb. I see great opportunity to take the short side, from 1271 with a stop loss 1287 and target price 1253

adam234

I enter my 3rd EURUSD short from 1.3554 with a stop at 1,3573 my target is 1,3524 Rationale: HS formation

adam234

Rationale: The explanation of the previous trade (short from 1.3575) is still valid about the one sided positioning, furthermore a downward moving trendline has been built and has been confirmed by being tested for 5 times.... I apply the stop loss rule of the previously entered still active trade at 1.3610 with the same target at 1.3505.

adam234

Trading opportunity have arisen, as EURUSD is raising today morning after a severe break from 1.36 to 1.3490 a day ago. I would go short from 1,3575 with a stop loss at 1,3610 targeting 1,3505 which means an excellent risk reward trade. Rationale: Technical: 1,3640 has meant an important top for the EURUSD cross. There is a decisive red candle moving the prices...