Very Long EUR/USD Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Dec 23, 2015 5:56 AM

so for this trade I was mainly focusing on supports and resistance levels on the DAY duration

between A-B is 42 days and between B-C we have 13 days

As far as profits go, we have a resistance up at 1.1122 which I believe to be strong.

As far as Stop Losses go, we have 2 great supports from December 7th and again hit on December 18th.

I believe the trend will break out and up trend!

What I should have done is bought in at 1.08301

Long is in.

EURUSD EUR

Comments

stream

⋅ Dec 23, 2015 10:03 AM

it fell of support .. The break above 1.10 was fake

NateFX

⋅ Dec 23, 2015 10:14 AM

im sad now

SSSDEV

⋅ Dec 23, 2015 11:37 AM

Hi Nate, your chart is good and you should back your trade and Eur/usd is going to turn upwards for now. I am long Eur/inr JAn(2016) nseindia.com.
Eurinr mimics eurusd

stream

⋅ Dec 23, 2015 6:57 AM

much more than that .. push the stop profit lol ...Happy earning!!

NateFX

⋅ Dec 23, 2015 7:21 AM

thanks!! still learning this software and trading.... what would you suggest @stream

stream

⋅ Dec 23, 2015 9:59 AM

I am short to 1.038 then the long ..