eurusd - daily chart - I am expecting a pull back on monthly chart for eurusd so expecting a 200-300 pip drop presenting us with a good swing trade and great risk to reward.
The case for a USD/EURO short seems to be strengthening. It seems as if long-run expectations of the USD/EURO pair has favored the euro with its rebound in economic growth and subtle increases in inflation. However, the market may be dismissing the US economies strength as the Fed has more or less confirmed 3 rate hikes in 2018 as well as leaning towards a 4th...
The DOWNTREND has not been broken, the channel limits are strong and have rejected BULLS several times. So the Downtrend holds ground I appreciate your comments and Thumbs Up
The common European currency has been trading in a downtrend channel against the British pound since the middle of January. Although the decline has been stopped by the weekly PP at 0.86 for a temporary retracement to the upside. After testing the downtrend's boundary on 25th January, the pair started to consolidate to the north. A junior pattern has been drawn...
EURAUD - Daily time frame. I was anticipating a reversal pull back on this pair for a few weeks and now i can see this pair and euro pairs falling into a corrective structure on daily time frames. After this big corrective move I see further strength in euro pairs and another extension/impulsive move to the upside on weekly time frame.
Hi everyone Eur usd from analysis on the break of lower low and pitchfork lines has shown me we are going down so my if then statement is as such: If this market continues to take out the previous buyers going down then I will set my tp to either the first tp or second depending on how deep we go in the market: I am looking for the euro usd to keep going back...
Price action at daily resistance. ALSOOOO, the RSI is Overbought @ over 80. (TECHNICALS ARE NOW ALIGNED) Brexit woesss!! - Too much negativity so far from the negotiations UK government are producing to EUR Sellers should enter the market by friday. Expecting some positive fundamentals for GBP this week and next week. $$ Take profit at a psychological number...
Took an aggressive sell position on the EURAUD. Now a fresh signal is going to form on the ichimoku. It still has a potential of 200 pips i think.
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Good day to all! I took a week off last week but it affected me badly. Since no anaysis was done, I thought I could just jump into the market but I was...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Ok so this pair has been a bit tricky for me. A lot of volatility but we can manage. Let's take a look... Daily: Ok so on this daily we can see an...
With around an 80% chance of a hike(USD), we will short EURO at Fibo 61.8. On EURUSD we might short at Fibo 50, around 1.06600 zone. On EURGBP, pay attention at 0.86770 zone (Fibo 61.8), we might short too. Don't short immediately, wait EURO go up to the zones first. Good Luck!
With a confidence of the Euro /Usd is more expected to go down and fast to reach the support zone but maybe should have the Exit strategy too. 0.98 is the most expected price to hit in few months but if we break the recent trend we can look for a new high then a new low after that we will look to reach 1.20 level
KEEPING THINGS SIMPLE ON THE EURUSD - BOREDOM BEFORE THE STORM ? (1 day, log scale) As said previously, the short-lived upward thrust for EUR into $1.17 has not been able to materialize. EURUSD is on the daily chart stil gyrating. Granted, 1.04/1.05 has again provided support, and so did the 1.105 provode resistance / did the 1.08 level provide support again....
Learn 2 trade like a Pro - boafx.com - Looking to short the EUR/USD on the lead up to the FOMC rate decision on Thursday. Although the rate decision could go either way I am expecting enough downside pressure by then to be able to make the trade risk free by the decision