Due to the success of my previous idea on EURCHF called 'EURCHF with a different approach' that ended up working perfectly, I have decided to post another setup of this series for EURUSD.
Please read the notes in chronological order, from 1 to 6.
If you have been following me for a while, you already know that I am heavily bullish on the dollar, simply because of the strength that it has accumulated over the weeks, months and years. This is a glimpse of a different approach that one could take instead of trying to buy the dollar right now.
I have tried to make this as educational as possible and tried to express my train of thoughts that led me to the creation of this idea.
If you like these kind of ideas, make sure to let me know by pressing like. That's the only way I will know if I should make more of these explanations, otherwise I will stop. Any comments will also be appreciated. Are you short or long the dollar? What are your thoughts on this idea? Do you have a pending order? If so, where, at what price and why? Also feel free to share your ideas below..
Please read the notes in chronological order, from 1 to 6.
If you have been following me for a while, you already know that I am heavily bullish on the dollar, simply because of the strength that it has accumulated over the weeks, months and years. This is a glimpse of a different approach that one could take instead of trying to buy the dollar right now.
I have tried to make this as educational as possible and tried to express my train of thoughts that led me to the creation of this idea.
If you like these kind of ideas, make sure to let me know by pressing like. That's the only way I will know if I should make more of these explanations, otherwise I will stop. Any comments will also be appreciated. Are you short or long the dollar? What are your thoughts on this idea? Do you have a pending order? If so, where, at what price and why? Also feel free to share your ideas below..
Trade active:
Got a very nice reaction from the area
