tntsunrise

EURUSD SIMPLE RANGE TRADING

FX:EURUSD   Euro Fx/U.S. Dollar
7033 38 145
7 months ago
EURUSD             SIMPLE RANGE TRADING
1: break down and pull back , short
2: did not break, then we long and short
at the other side of the range.
7 months ago
Comment:
snapshot

Break down
wait for pull back to short
7 months ago
Comment:
snapshot

look the pull back, check the price action
7 months ago
Comment:
snapshot

use AB=CD correction move for entry point
6 months ago
Comment:
snapshot

Seems today it will pull back to the zone
6 months ago
Comment:
snapshot
6 months ago
Comment: short the pull back
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TradingReport
7 months ago
why must have a pull back... after break down?
Reply
tntsunrise TOP TradingReport
7 months ago
buy low sell high.
a pull back give you better price to enter.
+3 Reply
TradingReport tntsunrise
7 months ago
what about there is no pull back... like a waterfall, what will u do?
Reply
VForex TradingReport
7 months ago
then just don't enter , you don't have to take every single trade you know...
+1 Reply
tntsunrise TOP TradingReport
7 months ago
then find another trading opportunity.
+3 Reply
mlbo tntsunrise
7 months ago
(in case of a short/sell trade it is "buy high sell low". i think that correct way of saying it is important to an obvious new-to-trading-person who askes for the reason of the pullback+continuation)
Reply
livethedream mlbo
7 months ago
Best risk reward rules .... SHORT/SELLS = Sell high (wait for pullbacks to previous resistance) LONG/Buys = Buy Low (wait for pullback to previous support)
+1 Reply
tntsunrise TOP livethedream
7 months ago
this is a correct explanation
Reply
tntsunrise TOP mlbo
7 months ago
Short means Sell , u sell eur and buy usd at high price, then buy the eur back from usd at low price, that's how short works.
Reply
ender.genom
7 months ago
will buy 1.1295 with good stoch+cci+rsi. if it will consolidate at 1.1365 >1h then it can fly down
Reply
ChatchaiVong
7 months ago
thank so much
Reply
rabi
7 months ago
thanks
Reply
RandR
7 months ago
I M not a patient guy, already entered in when it breaks in 1 hour, put the stop loss above the breaking candle. but i realised a pull back can definitely increase your lot with the same risking money.
Reply
Dethlefsen5EU
7 months ago
Hi there, anyone can recommend SL and TP? Tight SL around 1.1365 (or) need to put SL at previous resistance around 1.1442? kindly advice .thanks.
Reply
tntsunrise TOP Dethlefsen5EU
7 months ago
ALWAYS GOOD TO PUT SL AT THE OTHER SIDE OF THE RANGE
Reply
Dethlefsen5EU tntsunrise
7 months ago
sorry sir, I didn't get it ..means somewhere in the range 1.1365 and 1.1442? what's the recommended SL pips for 4hrs timeframe. ? kindly enlighten me. thanks.
Reply
tntsunrise TOP Dethlefsen5EU
7 months ago
Above the range high
Reply
FemiAdewole
7 months ago
Still hoping to see the pull back tho. It smells like a good trade so I'm in. I hope we get the retest to be able to pull the trigger. Good job tntsunrise!
Reply
FemiAdewole
7 months ago
News! News!! News!!!!!!!!!!!!!!!!!!!!!!!
Reply
PC_8009
7 months ago
looking for below area
EURUSD - 4h, Daily
Reply
PravinPakeanathan
7 months ago
is it advisable to continue this trade during the weekends?
Reply
tntsunrise TOP PravinPakeanathan
7 months ago
yeah. still valid
Reply
watsonzou26
7 months ago
It seems that there is no chance to see the price go up back to around 1.136 to short.
Reply
tntsunrise TOP watsonzou26
7 months ago
who knows. if give us this pull back level, we can short. if not, just wait for next trading opportunity
Reply
Sakakikunmakio
7 months ago
See... Your chart is simple for new trades... N u already fill money in ur poket..keep it up... We dont like to many talk in an analysis...
Reply
Jon88
7 months ago
Hello Jack, I have some few questions if you don't mind. When we use 4HR Time Frame as reference for entry point,how long does it take to expect the course of direction to shift? Should it be monitored under the same time frame or in the lower time frame? What is the normal range of pips in a day for a continuous momentum, inclusive of retracement period? Your response to these queries are highly appreciated!

If you have some books highly recommended for reading please send me the name and the authors. Thank you so much for your time.
Reply
tntsunrise TOP Jon88
7 months ago
if you use 4h chart to trade, then you use 4h chart to set your target and sl
Reply
tntsunrise TOP Jon88
7 months ago
john murphy: technical analaysis in financial markets
Reply
Jon88 tntsunrise
7 months ago
Great! Thank you for the insights Jack.
Reply
nahidik PRO
6 months ago
Thanks Jack I have a similar idea with price dropping back to the daily trend line around the 1.11 range
EUR/USD
Reply
tntsunrise TOP nahidik
6 months ago
very nice
Reply
nahidik PRO tntsunrise
6 months ago
thanks
Reply
Sababa
6 months ago
Hi JACK. This is pull back, It suits us?
Reply
Sababa Sababa
6 months ago
I mean short now 1.1319?
Reply
tntsunrise TOP Sababa
6 months ago
will be good to short at pull back
Reply
Sababa tntsunrise
6 months ago
thanks, i short from 1.1319.
what do you think about GBP/AUD now that go up?
Reply
arianto
6 months ago
I'm a bit confused, do you mean that we can take short around 1.12829??
Reply
ShahidKhan
6 months ago
IT WILL HAPPEN CLEARLY NOW, 22 MAY AND PRICE MOVE SAME AS DEAR SIR WAS SKETCHING, GREAT TNT
Reply
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