vlad.adrian
Long

EURUSD - Correction over

FX:EURUSD   Euro / U.S. Dollar
724 3 10
Everybody watches and trades Eurusd             for some reason. I believe that this is the craziest non-exotic financial instrument that you can trade, and I believe that the rate of winning traders in Eurusd             is much smaller than the average 5% in FX.
I don't really watch this pair, I occasionally look at it, because the signals that I trade are so rare on the Eurusd             chart that is not worth the time.
This time though, I see a very clear bullish signal at a very strong support level . Look at that labeled candle, the kangaroo tail. Prices usually jump in the opposite direction of the tail. Look at this retest of 1.35000, how little steam left for the bears ( MACD histogram) and how the last days have drawn very weak candles. Until there is a strong up day, theres no confirmation. I allready have a minor long position, but it's insignificant to the account, and I'm going to add after I see an uptick in MACD histogram and a strong day. Until then, this is just preparation.

If there will be confirmation, I'm looking for at least 1.38000, but I expect close to 1.40000.

The weekly has a very nice picture, and actually this is the reason that I looked at the daily chart , after I saw that doji last week in an article on a popular forex site.
16.07.2014 stopped out
Reply
fundamentaly and technicaly speaking this is not the time for the euro to rally to 1,4
Reply
vlad.adrian Ernestuxas
Looking at this chart, I don't believe fundamentals actually work. The swings are crazy and unpredictable
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out