DeGRAM

Weekly resistance line. EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
Weekly resistance line.
This is a good reason to consider selling EURUSD .
+ The price is at a strong resistance level .
We sell.
I will describe the exact goal in the following forecasts (it all depends on how the price behaves near this resistance line)
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Comments

I hope this turns. I'm so down on this trade... I'm down 620 pips and 11k. This is never backing up... I have no clue why we now are so bullish on this pair and how it is behaving like this. if I close the position, it will turn. I know it! At this point I'm clueless
+8 Reply
@Kami_k, Do you not use stop losses? this pair is at very strong major resistance dont sell
Reply
Kami_k Japhyryder1891
@Japhyryder1891, hey bud:-) No , I never use SL .My strategie has a good win rate. but this trade is starting to extend my patients. Im holding it until til turns. At some point i will boost 2 new lots into it. but for now , this pair is itching my brain.
Reply
anatolii Kami_k
@Kami_k, cause DXY is dramatically falling and this pair is rising it is nothing to do with the charts DXY falls the charts just follow the track ....
you do not trade this pair actually you trade DXY index
Reply
suvdaa0812 anatolii
@anatolii, so do we need to analyze only the DXY chart?
+1 Reply
anatolii suvdaa0812
@suvdaa0812, that is a question .....
Reply
@Kami_k, EUR/USD to the SKY
+1 Reply
RaynorFinley Yuriy_Bishko
@Yuriy_Bishko, I wish..lol
Reply
Kami_k Yuriy_Bishko
@Yuriy_Bishko, I kinda agree that this will keep going a bit more. But that's only due to the market sentiment showing 70% short for so long now. Hedge fonds are killing it right now with this prefect BS trap. When market sentiment turns . it will turn and drop like bomb i believe. But ho knows:-)I'm just hopping to get out of this shit trade .
Reply
@Kami_k Eu is 100% bullish bro I’d close
Reply
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