smb1721
Long

EURUSD Another Long

FX_IDC:EURUSD   EURO / US DOLLAR
34 19 0
Long @ 10881, 10882
Will add to position
Stop below 10840
Limit 10935 and 10950
Had initial move up from lows earlier. Has consolidated since and made higher low on 15 min chart, looking for upward extension in price to target.
smb1721
2 years ago
If it can get a candle/bar closing above 10890 on the 30 min chart, will be first indication that price could go higher...
Reply
smb1721 smb1721
2 years ago
Since the downtrend from 11200ish (22 May 11:00) today was the first time that price has rejected the days low very quickly...
Reply
smb1721 smb1721
2 years ago
I have moved both limit orders to 10970
If price moves above 10920 I shall move my stop to 10870
Reply
smb1721 smb1721
2 years ago
I'm beginning to 'eye' 11075/90 as possible target...But I shouldn't get carried away...step by step...!
First, 30 min bar has to close above 10890 then there is resistance at 10920/30...
Reply
smb1721 smb1721
2 years ago
added @ 10886, 10887
Reply
smb1721 smb1721
2 years ago
If price takes out 10905 I think it could accelerate to the upside....
Reply
smb1721 smb1721
2 years ago
I want to reduce my risk..moved stop on all longs to 10870.
Limit on all longs @ 10970.
Let's see what happens during the night...
Reply
smb1721 smb1721
2 years ago
G. Morn all,
Want to eliminate risk on this trade...moved stop to B/E @ 10884
Reply
smb1721 smb1721
2 years ago
Next resistance 10845/52
Reply
smb1721 smb1721
2 years ago
I have changed my limit order:
Half position @ 10970
Half position @ 11010
Reply
smb1721 smb1721
2 years ago
I have raised my stop to 10890 just below last reaction low on 15 min chart.
At least I'll book a tiny profit...!!!
Reply
smb1721 smb1721
2 years ago
Just as a matter of information:
I do a lot of trades intra day which I cannot post as they are quick trades. I trade around support resistance levels off of 2 min and 212 tick chart. For example I had stated the resistance between 47/52. after the 3 third failure on 2 min chart I shorted at 42 and 41 and covered at 25. the low so far has been 14ish.
Reply
smb1721 smb1721
2 years ago
...all depends on the structure of the time frame one is following....!
Reply
smb1721 smb1721
2 years ago
The 45/52 area is quite resilient so far...few attempts but sellers still around...what we can assume is that IF price takes out that level then should get a quick move up into 70/75 area.
However if prices breaks through 45/52 then reverses it will be negative..so, if price takes out 45/52 I will move stop to 10920
Reply
smb1721 smb1721
2 years ago
I have moved my stop to 10905
Reply
smb1721 smb1721
2 years ago
stop raised to 10920
Reply
smb1721 smb1721
2 years ago
It tried again ..! But 45/52 still holding...
Either it will go through or fail and retest lower 10865/75 area...
Let's see what happens.
Reply
smb1721 smb1721
2 years ago
Stopped out @ 10920...booked a small profit..!
On 15 min chart no bar closed above 10942...i was tempted to get out in the 30's but decided to leave the position as is.
If i see another setup will post it.
Reply
smb1721 smb1721
2 years ago
Thanks to whoever followed this trade..
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out