Hey family,
EURUSD did stop me out, but that doesn't stop the show. I am going to sit on my hands to see how low price can go today then I'll reanalyze my new set up.
God bless,
-Shaquan
Disclaimer: This analysis is based on my own eyes. Please use your own analysis when trading.
Hi friends, the dollar index (DXY) and EURUSD are pulling back and into areas where we want to look for more trading opportunities. Since tomorrow is Friday, tomorrow's candlestick closure could be very telling about the price direction. This video shares my thoughts on the price movement on the indicie and currency pair.
If you found this helpful please like...
The idea shared is an analysis of EurUsd for a mid term swing.
Fundamentally, The Usd has shown strength owing to the recently released
NFP reports. Next week will usher a series of News releases which hopefully will
further boost investor confidence in the US economy.
Sentimentally, As Europe experiences hard economic sanctions as a result of Russia's...
There is a short-to-long move here for the adventurous. ; )
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EURUSD is in a well defined trading range, entering an accumulation phase back in November. It is due for breakout. Until that time, the range play of trading the extremes works well. Wait until price reaches the extreme, and execute.
Caution: Let price indicate which extreme it wants to go to before entering a trade.
There is an opportunity to buy... then...
Price gave us the entry confirmations we were looking for, as described in the previous video.
Leave a LIKE and COMMENT if you benefited from the analysis, or have any questions regarding the trade idea.
Thank you for your support!
Gold has broken structure to the downside, and returned to the OB that impulsed down. It maintained the high of the OB, and dropped. This indicates price is maintaining the bearish momentum.
Now, price has formed a bearish OB, and presents two scenarios for opportunities.
Check them out with me.
Are you going long or looking for shorts? Leave me a comment on...
EURCHF Sees a potential drop towards 1.041000 as new support.
If this support of 1.041000 BREAKS, 1.027200 is the last support before heading south in a free fall seen on the weekly timeframe.
Weekly Setup
USD/JPY has hit four-month highs amid optimism on trade and Brexit. Mid-October's daily chart is painting a bullish picture.
China has reported the slowest growth level since the 1990s – an annual increase of only 6% in Gross Domestic Product in the third quarter. The world's second-largest economy continues experiencing a slowdown .
Ultimately the bigger...
Hello all - DuncanForex here with a continuation compound trade
With my first entry hitting TP this morning, I am looking to get more entries now on the next cycle higher
Trades 1, 2 and 3 entered this morning at 1.2070 along with GBPJPY
Trade 1 TP Hit
Trades 2 & 3 Stop loss is now at entry point of 1.2072 - to take into account swaps.
Entries, 4, 5 and 6 are...
Been trading and tracking this one for some time. Very choppy waters with 100 pip+ swings as per usual with anything JPY related.....
Anyway, I am still waiting a good breakout and price to take on for a big monster move further down.
Key eco reports due the rest of this week should be the spark we need for it.
All I really need to see is that angled support bar...
