tntsunrise

EURUSD SIDEWAY MARKET WHAT TO DO?

FX:EURUSD   Euro Fx/U.S. Dollar
3194 19 90
10 months ago
SIDEWAY MARKET
Break UP 1.1050 we buy the pull back

Break Down 1.0960 we sell the pull back

Simple but need patience
10 months ago
Comment: already break up. wait for pull back and enter
10 months ago
Trade active: Enter Long at 1.1055
SL: 1.1040
TP: 1.1200
10 months ago
Trade closed: stop reached: HIT SL @ 1.1040, which means it is not a valid break out.
Exit and observe first
10 months ago
Comment:
snapshot

Now it break down. wait for pull back and find shorting opportunity.
It is important we stopped the long trade since it is a fals break out
10 months ago
Trade active: The pull back completed at exactly the previous support
1.0957
Enter a short at 1.0955
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yas777een
10 months ago
I'm agree with you
Reply
French_FX
10 months ago
Agree
Reply
jaejames
10 months ago
the gap become narrower and will soon be decided :)
nice setup sir
Reply
cooltrader
10 months ago
i think u captured it very simple and correct .. can easily reach 1060 without any meaning ... chances i see in longs but lets wait for confirmation
Reply
mcpeacocks
10 months ago
nice one - i see this cypher as a good reason to short at before going back up
potential EU cypher - short
Reply
tntsunrise TOP mcpeacocks
10 months ago
cool!
Reply
adilnaqvi00786 tntsunrise
10 months ago
Hit sl
Reply
DucThanhBui
10 months ago
Break! Where will be placed SL and TP?
Reply
forexmech
10 months ago
Thanks for the update ..
Reply
Gbprider
10 months ago
entered let see
Reply
ender.genom
10 months ago
nope. little shottrend to 1.1028 still flt
Reply
adilnaqvi00786
10 months ago
Hitted sl
Reply
tntsunrise TOP adilnaqvi00786
10 months ago
yes. stopped out . not a true break out. exit and observe first
Reply
adilnaqvi00786
10 months ago
Waiting for the update on this pair
Reply
suprijadisoemoredjo
10 months ago
many premium trading room also got massacre at this pair... really black Friday!
Reply
forex.zahran
10 months ago
nice analysis thanks
Reply
DucThanhBui
10 months ago
I setup sell limit order in my demo account and forgot in real one.
Reply
I set a pullback to 1.097 and when I saw it, it was too late.... :¨-(
Reply
forexmech
10 months ago
HI Jack
Whats your TP for this sell trade.
Reply
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