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TheBanker
Apr 3, 2017 6:47 AM

Good spot for buyers near support on EURO Long

EURO / U.S. DOLLARICE

Description

.... and we will take that in eurusd from 1.087xx shorts, congratulations to all those in the telegram who caught the 1.087xx top and to those who have already taken profits on this and actively looking for the next leg.

With bearish divergence appearing on the /dx (see attached ideas) the downside here in eurusd should be limited; we are still trading short-term legs inside a mid term swing, though both sides are very trade-able.

Time for us to choose our positions;

a. BUY 1.058xx -> TP 1.13xx
b. BUY 1.035xx -> TP 1.108xx
c. Double down on shorts from 1.087x and add to position at 1.073x -> TP 1.03xx
d. No idea

Lets open up the discussion for the coming sessions, this post aims to keep a log of those who are trading live and actively calling trades ahead of time making yourself accountable. This is one of the best things you can do as a trader.

Banker

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to those who took option 'a' and have been filled on your position... best of luck

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and there we have it...

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Congratulations to those who chose option 'a' to "BUY 1.058xx -> TP 1.13xx"

DocT
eprofit618

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... as French elections take centre stage, those who are in from 1.058xx can start to take risk off

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taking partial profits in eurusd here for those long is prudent with French elections now taking centre stage

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and there goes the dynamite!

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congratulations to DocT and Eprofit618 for the first round; now those who chose option 'c', anyone else want to jump in?

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very well done to those mid term bag holders still keeping longs; DocT and eprofit618 from the 1.058x handle - hats off to both of you for seeing what everyone else missed!

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Very well done to those who are still holding from option 'a'

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approaching 1.13x

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textbook positioning guys, very well done

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close to 1.13xx but no cigar, in any event a very profitable position for those who chose option 'A' ... very well done to DocT and Eprofit618 .. I will be doing another one of these multiple choices in Oil later this week!

Trade closed manually

For those who are still holding the 1.058xx longs -> 1.13xx closing here with the crumbs remaining
Comments
teddyrucks
Looks like an area for interest to long... Im still stubborn and a dollar bull. Id take a buy at B and lock in profits in to the 1.08 levels.
Atoms_In_Flux
Look forward to your Oil analysis, cheers.
lidser
eu can be reverse from 1,12500? thanks
MrC00L
Well Done @TheBanker
Gino
Sounds good to me.
pmcllc
Euro is going up even with Le Pen for second round...?
pmcllc
if Le Pen wins then Euro down? or Up?
Gino
@pmcllc, Le pen will not win the presidency, period. After that the EUR is rocking up.
DocT
Thanks "Banker" - was a good trade.
Smiley8080
Great chart.
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