TomHall
Short

EUR.USD - Daily Outlook

FX:EURUSD   Euro / U.S. Dollar
The EUR.USD is one pair on my watchlist into this evening / tomorrow.

As yet I am unsure if we will be looking long on the bounce of 1.0550 as i am awaiting more confirmation on the lower TF's

I will be updating this post on the 1hr and 4hr TF if we can an entry.
Comment: Price closed as a low test candle at 1.0550
I am now awaiting confirmation on the 1hr and 4hr TF.
Comment: We are now starting to see confirmation on the 4hr TF I will be setting a pending order into Monday.
Comment: After price failed to accelerate off the 1.0550 level i am now looking short into next week.

Comment: 15min chart outlook.

Comment: 4hr Trade update.

Comment:
Comment:
Hey, so its good to sell EU on 1.079? TP1 1.07 TP2 1.061 ?
Reply
TomHall bolorider
@bolorider, I couldn't recommend TP's however if it meets your rules then execute :-)
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why Monday? waiting for retracement?
Reply
TomHall FUNTRADER-Vera
@FUNTRADER-Vera, I don't want to be trading into the weekend with potential gaps occurring when it's unnecessary for me to do so on this occasion.
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@TomHall, agree, thank you very much!
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FUNTRADER-Vera FUNTRADER-Vera
@FUNTRADER-Vera, may i ask, how long usually you will hold a trade?
Reply
TomHall FUNTRADER-Vera
@FUNTRADER-Vera, It all depends on market conditions, we set the position and await target
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Tom,thanks for your insights.Do you mean you are setting a pending order now or Monday.Are you confident with the current confirmation?
Reply
TomHall Supertechpro
@Supertechpro, I will yes, all confirmed on the lower TF however I don't want to be trading into the weekend unless I need to.
Reply
@TomHall, Understood :-)
Reply
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