EUR/USD Buy Signal

FX:EURUSD   Euro / U.S. Dollar
I opened long at 1.1538
S/L: 1.1505
T/P: 1.1658

Reasons why I think EUR/USD can move up:

— Price bounced up 2 times from key level 1.1534 + H4 candle close upper it.
— Also daily candle close upper key level 1.1527.
— That's why I think up move will continue.
— Near 1.1534 I can set low risk 25 pips. Potential profit in 3 or 7 times bigger.

Dear trader i want to share with you "Holly Grail" of trading. You don't need to be right in 100% situations, because as a trader i trade probabilities only. I open a position when i can get 3 times more than my risk. In such situation even if i have 50% of profit deals i still earn money and sleep very calmly.

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Comment: I still hold a position if D1 close under 1.1517 close Long.
Trade closed: stop reached
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it was a double top on the 1hr chart
What's your next idea on euro usd presently it went short instead
Yuriy_Bishko Islandlife
@Islandlife, Situation tottaly changed. I waint for nex signal

You are missing a bigger picture, on monthly there's a nasty candle looking very bearish, that yellow zone is barely holding up and don't forget the US economy sentiment and why dollar is strong fundamentally compared to EU.

Don't just draw lines, you are completely missing the point technically from other timeframes and fundamentally from what's going in EU. A very bad analysis on your side.
+6 Reply
@KL3M3NNN, you dont need to be rude...
KL3M3NNN thaisvitalli
@thaisvitalli, you seem like a type of guy that would cry over a dust on a gold bar, if someone were to give you that gold bar for free. Extract the points I'm stating for free and make up your own decision. I might be rude to you, I might open eyes to someone else that value view points purely and not how they are presented to their liking.
+1 Reply
fxdon-PA KL3M3NNN
@KL3M3NNN, you can simple share ur idea without been rude in ur statement..monthly chart dont work for every body and meanwhile the rejection on last month 1.17 on ur chart suppose to have a retest if you know what that mean ...be patience when market is going ur way and dont make everyone look stupid.
+1 Reply
KL3M3NNN fxdon-PA
@fxdon-PA, I did share my idea, I don't care how you feel about me presenting it. Keep your feelings away from trading ideas and maybe you won't be whining over stuff that doesn't matter.
fxdon-PA KL3M3NNN
@KL3M3NNN, stop acting like toodler dude..if you dont like what others think in there journal you can just pass by without been childish and proving u have the market in ur heard. stay off the business that earn you nothing it will better ur life..
KL3M3NNN fxdon-PA
@fxdon-PA, so what you are saying is giving criticism based on facts is now a bad thing?
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