FX:EURUSD   Euro Fx/U.S. Dollar
60 11 2
In this case the panneau is: Buy the dips. We are just witnessing the first one.
jangseohee
a year ago
i would have buy on that hammer highlighted by blue arrow
i wont go in now, too much gyration up there and it is in a state of euphoria
yellow resistance is strong, unless it is broken
snapshot


attached is analysis of my DXY
snapshot
+1 Reply
motleifaul jangseohee
a year ago
I've been trading this pair with good success this year and have been long several times since your weekly hammer has appeared. If you look at the monthly chart you can see that the uptrend of the Euro is far from beeing completed. But I am looking at the 4 h chart at moment. And there you may even be right. I wouldn't exclude that your DXY chart shows a possible bottom. Nevertheless, I prefer to be with the trend.
+1 Reply
jangseohee motleifaul
a year ago
well done ^_^
Reply
motleifaul jangseohee
a year ago
Who knows. The current market situation isn't clear at all. This is true to stocks and currencies as well. Let's see who is right this time. We all trade probabilities only. One of us may be wrong but we may be right both as well depending on the timeframe.
+1 Reply
jangseohee motleifaul
a year ago
my purpose is NOT to make your wrong nor make me right, no 100%
but i tend to analysis from forest view and zoom in for smaller tf
i am sure you do ^_^
+1 Reply
motleifaul jangseohee
a year ago
I am more chaotic. :-)
Reply
motleifaul
a year ago
I have to admit that I've been stopped out overnight at 1.1489. I am looking for a new, cheaper entry now.
Reply
jangseohee motleifaul
a year ago
good discipline ^_^
Reply
motleifaul
a year ago
I am long again now.
Reply
motleifaul
a year ago
Now I am out at around zero as I managed to close the second position with profit.
I consider the operation as finished and it takes another decision until I will enter a new position.
Reply
jangseohee motleifaul
a year ago
Well done ^_^
Reply
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