Well, I did my utmost to make something of a chart. The exactly lines resistance points tp sl will hopefully in future also be in.
Notice; This is my manner of how I trade with a small wallet. I prefer small steps in amounts, but high in %. No guarantee just hope maybe somebody can help me or show me their opinion or............what ever you want to get rid of.
My way is: Calender, news, opinions, experience traders following and than make my plan or idea for today or it can expand a week.
With eurusd I start with the chart of 1h. I always look at other authors with different timeframes what they see. For me 1h is most handy. Last weeks I earned a lot of money with eurusd, I think a lot of you did so. But.....we can make a chart but is it after this drop reliable. My vision for now is only to step in when the trend still going down. Take your profit and move out. I see a lot people with charts it will fall until 1.04. If you have already took a lot of profit better wait for a good buy opportunity. How I see what has happend with the Covid this weekend and close of states again, wait what happens. Nobody know what will go up or down. Overall trend is down, but I think not further than 1,10. After that wait wait wait.
I know this is probably not the common way to predict of analyse a trade but maybe I make the discussions around the forums better with people who are realy try to help people instead of childplay. Leave your suggestion and comments. I am open for everybody who is serious and have good ideas or remarks.
Notice; This is my manner of how I trade with a small wallet. I prefer small steps in amounts, but high in %. No guarantee just hope maybe somebody can help me or show me their opinion or............what ever you want to get rid of.
My way is: Calender, news, opinions, experience traders following and than make my plan or idea for today or it can expand a week.
With eurusd I start with the chart of 1h. I always look at other authors with different timeframes what they see. For me 1h is most handy. Last weeks I earned a lot of money with eurusd, I think a lot of you did so. But.....we can make a chart but is it after this drop reliable. My vision for now is only to step in when the trend still going down. Take your profit and move out. I see a lot people with charts it will fall until 1.04. If you have already took a lot of profit better wait for a good buy opportunity. How I see what has happend with the Covid this weekend and close of states again, wait what happens. Nobody know what will go up or down. Overall trend is down, but I think not further than 1,10. After that wait wait wait.
I know this is probably not the common way to predict of analyse a trade but maybe I make the discussions around the forums better with people who are realy try to help people instead of childplay. Leave your suggestion and comments. I am open for everybody who is serious and have good ideas or remarks.