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Yuriy_Bishko
Nov 5, 2018 6:56 PM

EUR/USD, Trading Plan.  Long

Euro Fx/U.S. DollarFXCM

Description

I will open buy near 1.1400 because:

Key level, price bounced several times from it

On daily chart price bounced from key level 1.1300 there is a big probability that price will continue up move to 1.17 in the mid-term perspective.

IF this post will get 100 like, I will write when to open a position with entry and exit points.

Comment

Best time to open buy is now

Comment

IF H1 will close under 1.1400 close buy because that will be sell signal

Comment

Situation still bullish because H1 close above it
I hold buy position

Comment

Comment

Everything is great just Hold EURO as I do.

Comment

I still hold EUR/USD

Trade closed: target reached

Price hit my T/P

Trade closed: target reached

Price Hit T/P also EUR/USD moved it's Daily ATR, that's why it's too risky to open Long At this moment.

If a few hours, I will write my view on how it will move on daily perspective.

Comments
janne0536
congrats :D u made it !
Yuriy_Bishko
@janne0536, Thanks, we did it.
Pepperstone
Great idea on EURUSD. In our case, we choose to go with a bearish bias. Should price break beyond the psychological level of 1.1300 - which consist of a 100% fib extension level, a swing low and a double bottom - there is a high chance of price moving towards the psychological level of 1.1200 which coincides with the fib level of 61.8%.
Please take a look at our idea and share with us what you think.

doizenap
Yuriy_Bishko
@doizenap, did you open a positin?
doizenap
@YuriyBishko, nop sir.still studying.new to forex.Any thought?is this a correct way to analysis?
GoldenRatioTA
Hmmm...I still have the feeling that this one is a sell. Let's see how it ends up. Thank you again for your work!
GoldenRatioTA
@YuriyBishko by "close" do you you usually refer to the body of a candle or also to its wick? Many thanks!
Yuriy_Bishko
@MRZSKV, in this situation the most important where candle will close
GoldenRatioTA
@YuriyBishko, Thank you
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