Havent got a chance to write about what has happened with EURUSD that I have already done and with later on what I think about how the trend will go.
I have been trading EURUSD at the same time with all the others together.
For EURUSD, I was trading more towards the blue section I have highlighted before the USD index went crazy upwards with the FOMC.
I was none stopping trading long position over there during that time. Quite happy time :)
The recent one with EURUSD I have traded was at 1.12106 and 1.12233, two long positions and both closed trade at 1.2560, but my Take profit I have actually set was 1.13250. Stop loss for the short term one with this one was 1.1190.
Long term stop loss that I would use would be 1.10900, anything breaks that. I will not go for a long position. Otherwise, I just wait for my chance for EURUSD to come down and wait for the few support levels and to try it out. 1.1145 was one of the lowest I got back then. But as far from it seems like with the USD Index, 1.1160 support level is a higher chance for it to weaken there instead.
I am looking for it to go to 1.12100 roughly around there before ill consider a long position. If there is no strong signals weakens over there, then i will consider approx 1.1160 as the other support level I may consider to make a long position.
With my analyse comparing with the USD Index, as far I can see here that the USD Index has a strong weakening signal and may follow my yesterdays analyse with USD Index. ( I have linked it in my journal, feel free to have a look at that journal too.)
If anyone has any questions or thoughts, feel free to leave a comment. Its always good to have chat to different traders :)
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market in going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
I have been trading EURUSD at the same time with all the others together.
For EURUSD, I was trading more towards the blue section I have highlighted before the USD index went crazy upwards with the FOMC.
I was none stopping trading long position over there during that time. Quite happy time :)
The recent one with EURUSD I have traded was at 1.12106 and 1.12233, two long positions and both closed trade at 1.2560, but my Take profit I have actually set was 1.13250. Stop loss for the short term one with this one was 1.1190.
Long term stop loss that I would use would be 1.10900, anything breaks that. I will not go for a long position. Otherwise, I just wait for my chance for EURUSD to come down and wait for the few support levels and to try it out. 1.1145 was one of the lowest I got back then. But as far from it seems like with the USD Index, 1.1160 support level is a higher chance for it to weaken there instead.
I am looking for it to go to 1.12100 roughly around there before ill consider a long position. If there is no strong signals weakens over there, then i will consider approx 1.1160 as the other support level I may consider to make a long position.
With my analyse comparing with the USD Index, as far I can see here that the USD Index has a strong weakening signal and may follow my yesterdays analyse with USD Index. ( I have linked it in my journal, feel free to have a look at that journal too.)
If anyone has any questions or thoughts, feel free to leave a comment. Its always good to have chat to different traders :)
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market in going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
