Umbeluzi
Long

Swingtrading - Buy Long EURUSD

FX:EURUSD   Euro Fx/U.S. Dollar
A pure technical take on EURUSD            

Validations

Rate testing support @ short term up channel .
Expectation are FED will move only after US elections.

Invalidations

As per other US crosses, strong economic data could derrail this strategy.
Persistent             bullish chatter in the media channels..

Parameters

Buy @ 1.1170, SL @ 1.1130, TP 1.1395

Cheers
Update August 31: Position got stoped for just 40 pips loss, as arguments shown on 'Invalidations' paragraph were confirmed.
Reply
Update August 31: Yesterday the rate was two pips away from SL, thanks to positive data and the persistent bullish chatter (USD posiitive). Next data on agenda from ADP and NFP this week could trigger our SL, already under critical distance.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out