justatrader
Long

EURUSD - Long on correction

FX:EURUSD   Euro Fx/U.S. Dollar
1503 13 14
Break of minor trend line . Yesterday's NFP volatility didn't break below the hammer's low, indicating upside risks to EURUSD             . Accordingly, long on 1.1816, targeting 1.1998 (or 1.20 rounded off)

Trades so far:
AUDCAD             - TP Hit (230 Pips)
GBPCAD             - TP Hit (124 Pips)
Gold             - SL Hit (15 Points)
Professional market analyst with a keen interest on futures. Love keeping an eye on the markets. Currencies, bonds, commodities. Combining technical analysis and the fundamentals. Contact me for more details.
UtterOnce
2 years ago
I AGREE. ALREADY HAVE A SELL LIMIT AWAITING AT THE GAP @1.1989.
MAKES PERFECT SENSE TO GO LONG FOR CLOSING OF THE GAP.
+1 Reply
justatrader PRO UtterOnce
2 years ago
Id be cautious though. At best woudl short from gap with a very small poosition and build in upon break below 19. Reason is because 1.206 (dont remember correctly the level as im typing from my tablet) is an untested resistance after support broke. So a rally to that high is quite possible.
+1 Reply
UtterOnce justatrader
2 years ago
MMMM OK I SEE
Reply
NR
2 years ago
EURUSD Analysis


This is my take..
+1 Reply
justatrader PRO NR
2 years ago
Hi Ricciardi, for the longer term, i'm moderately bullish on EURUSD. RSI's are something I can't ignore. My trade plan is therefore to target 1.19/1.20 and leave a second position to target higher trading at some profits locked in. Let's see. This week court ruling on OMT and us inflation. Should be an interesting week.
+2 Reply
justatrader PRO
2 years ago
Trade saved by 7 pips??? Not out of the woods yet. But there could be a surprise
Reply
GrigoriySergeev
2 years ago
Friends, do you think what are the chances to go to 1.19?
+1 Reply
justatrader PRO GrigoriySergeev
2 years ago
A close below 1.17678 will see a decline to 1.17258 and then 1.1671.
+1 Reply
justatrader PRO justatrader
2 years ago
Only a close above 1.18 will be bullish.
snapshot
+1 Reply
nappenbir
2 years ago
i see Double Bottom!

EURUSD
+1 Reply
justatrader PRO nappenbir
2 years ago
Yup. But price needs to clear 1.18 to make it a safe trade. But nonetheless, it looks like its going up. I've explained it in a bit more detail here for those interested to understand the price action dynamics: http://www.justatrader.com/2015/01/eurusd-going-long-at-117673.html
+1 Reply
justatrader PRO
2 years ago
Trade survived the night. Now its up to the ECJ and how the markets react.
+1 Reply
justatrader PRO
2 years ago
Moment of truth!!!
+1 Reply
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