IvanLabrie
Long

EURUSD: Low risk long entry

FX:EURUSD   Euro / U.S. Dollar
2025 41 37
The downtrend has been corrective, based on the sluggish pace and the internal structure.
We didn't get the selloff I expected.
Enter long now, stop under the lows.
Risking 2.5% on it, closing 75% once I match the distance to the stop.

Good luck,

Ivan.
BULLSEYE!!!
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Thanks :D
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snapshot

New 13 week mode lower!
Trend is still down. I suspect Yellen will send this one down tomorrow.
I'll update with shorter timeframe charts next.
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IvanLabrie PRO IvanLabrie
Sorry, repeated comment...Feel free to erase it mods. Thanks.
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moneymaking IvanLabrie
Yes, everyone is waiting for tomorrow's Federal funds rate. Hey Ivan, do you close all your open positions, before a news this big?
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Careful, looks like we have a new 13 week mode down = trend is down.
Advance has been to slow, I'll continue to update the Madam Y idea, since it's her turn to rock the markets tomorrow.

snapshot
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If long booking 75% of profits and moving stop to break even is a good idea right now.
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Going pretty well right now :)
+1 Reply
IvanLabrie PRO PooyaSalehipour
That is a very strange wave count mate.
I agree on having a retracement soon, but a bit higher, say 1.115-1.12.
+1 Reply
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