davone101

davone101

great trade

davone101

here we have some day trade ideas for eurusd we are looking towards fomc decision. Any mention of yield curve control is negative for the dollar. Markets looking for indications of long term economic view.

davone101

just as we planned

davone101

trade ideas if we see certain levels being broken

davone101

now the market has retreated right back towards the same level we just previously sold on and made some great profit now we have two options do we wait for the price action to break to the upside and then buy once the next 30 min candle stick closes with some bullish confirmations above the current level of resistance or is the sell pressure still intact at this level?

davone101

I recently sold eurusd at 1.18555 resistance level looking to the past we can see that this level has held strong for some time as resistance so when the market previously broke back to the down side it retested at this level perfectly unable to break back to the topside we can across a choice as the triangle pattern presented it self and it played out perfectly

davone101

currently in a sell price action just hit a key level of resistance should the downside continue

davone101

if you was following my trade plan from earlier, , my technical analysis is currently playing out very well

davone101

here are some possible upcoming day trades that I am considering this week depending on how the market plays out

davone101

The United States added 1.76 million jobs in July unemployment fell to 10.2% but with this all it did was confirm what we saw on the charts technically. euro has been playing out very nice hitting and repeating at key levels and forming clear patterns

davone101

here on the monthly time frame we see how the euro has reached that 12 year fortified resistance. this is a major key level of reversal even though the euro has been pushing to crazy new heights in the past weeks I am currently still looking for that major push to the down side. or will the euro continue its rallying to even greater past levels

davone101

EUROUSD still playing out perfect. reaching the exact same key level of resistance and starting its way to the downside. again reaching these key levels on the 4hr time frame is a big thing to watch out for especially for day traders, the levels of resistance and support on your daily Time frame, and four hr time frame are going to be your major levels once the...

davone101

Here we have eur/usd on the four hour time frame as you can see euro is rallying testing previous weekly highs does euro have enough strength to keep this run in tact or will sell pressure resume as alway at this key level tomorrow we have some fundamental news that will cause some great movement in the forex market make sure you are combining you technical...

davone101

if you have been following my analysis on eurusd you will know its been playing out very perfectly here we have eurusd back at the same zone it just previously broken around 1.1296 support now price action has retested that level making sure old support is now resistance if we can get sellers to form enough strength we could see another push to the down side try...

davone101

as you can see my analysis played out perfect great job !!

davone101

I hope everyone caught that quick 23 pip movement to the down side made $330 so not that bad lets watch the next couple hours closely and see can we break this hourly consolidation.

davone101

here we have eurusd on the hourly time frame last session we saw bulls break above a key level of resistance that has been used as a reversal point for The past weeks. we now see price action retesting perfectly back at that same level trying to turn old resistance into new support. if buyers cab establish enough strength to hold above the 1.13500 handle then more...