FX:EURUSD   Euro / U.S. Dollar
Looking for a long trade on this pair, we have divergence that tells us that bears are getting weaker.Potential profit targets are 1.12 and 1.1250
Comment: First target 1.12 hit, should continue up until tomorrow NFP.
Trade closed: target reached
Nice result with NFP topping it off. Not tempted to hold for longer?
I have my targets before i enter a trade, if it goes a lot more up ill consider entering another trade.
Staxs tonz_of_gunz
Good call, being disciplined. Stick to your trade plan
what do you expect from tomorrow NFP?
I dont know man, i hope is a gonna be a bad one for dollar but is only hope:).
bit of a consolidation above the channel. I'm also in. what is your SL on this?
tonz_of_gunz ruthrajamanie
I didnt take the trade, because the breakout was weak. Maybe it will come to 1.1110 before going higher dont know., i am watching it.
+1 Reply
ruthrajamanie tonz_of_gunz
yeah agree. i don't feel right either
Thanks for the chart looks really good! Would you recommend entering when the 1 hour bar closes beyond the trend line or would you wait for Price to PB to the trend line after the close? Many thanks for any advice!!
tonz_of_gunz TraderChris01
A candle close outside channel will be fine for me in this situation but i would probably risk less on this trade because it can still go to to 1.1110 area where we have a key support and 0.618.
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