e0615

e0615

NICE BEARISH ENGULFING CANDLE FORMED OANDA:EURGBP

e0615

This is an idea for EURUSD long to 1.20

e0615 Updated 

This idea is behind the theory of market exhaustion. EURUSD made a high at 2:30am and hve come down since then. Around 1.2158 - 1.2152 or even 1.2150 place a buy order for 20 pips TP and 20 pips SL for a 1:1 risk/reward OANDA:EURUSD

e0615

My idea to trade the FOMC today is as follows.. It's based on a system I was taught a long time a go by my mentor. I use it for NFP, and it works perfectly. It's called the Davinci system.. The trendlines you see are based on a rolling 20 bar high/low, and the false break reversal. Basically, when price breaks a trendline, and comes back to it and goes 10 pips...

e0615

SHORTED GBPJPY AT 150.00 ON A CANDLE REVERSAL PATTERN... LOOKING GOOD SO FAR.. TP 147.23

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Eur/Jpy has touched the 2.236 level and it appears exhausted. I draw a daily trendline which I am expecting the price will break and go further down possible to 1.618 level. All I'm waiting for is a signal of the closing of this 4hr candle to see if closes as a doji, and I will jump right in. It's a 35 pip stop with a 145 profit, so is a good risk/reward trade if...

e0615

We just hit 61.8% weekly level.. If you look at the MACD window is showing signs of reversal. Still to OANDA:AUDUSD early, but!!