EURUSD: Long with two entries

FX:EURUSD   Euro / U.S. Dollar
I think it's worth it to enter a long in EURUSD             now, and one if we break past 1.10056 as depicted in my chart.
The stop loss for both is 1.0913.
We have US GDP news coming and it's highly likely that the whole week continues to march up from this juncture.

I'm right, which I think it's highly probable based on the DXY             analysis I conducted and EURUSD's own price action and specifics, then this can be a huge win.
I reccomend 1% risk per entry, max 5%.

Good luck, cheers!

Ivan Labrie.
Comment: Entry #1: Market now at 1.0934 roughly, stop loss 1.09013, exit 1.0145 or the lower target.

Entry #2: Pending buy stop at 1.10056, stop loss 1.09013, exit 1.0145 or the lower target on chart.
Comment: Cruising smoothly. If we don't get filled with the higher entry, I'll give a new modified one for tomorrow (after today's close)

I'll modify the 2nd buy stop after the daily close.
Comment: Up buy stop to 1,10261.
Stop loss is 1.09255
Trade closed: stop reached: Stopped for now.
Comment: Monitoring, price above all resistances again, might trigger an uptrend soon.
Exit or target was 1.145 roughly, I had made a mistake and wrote 1.0145, my bad.
Comment: Same as gold, no long signal yet, nice buildup on the way up but it could still retrace from here.

Valid for one day. I'll update it until we're in.
Wow ,Thats high Ivan...Sky is the limit :-) Merry Xmas to you and your familie....Johan
IvanLabrie johan.verm
Thanks Johan!

Short squeeze rally will be fast and sharp.
johan.verm IvanLabrie
I agree Ivan..Nervous market now ,it seems...We are going to have some long wicky wicks.... :-)
Hi Ivan What is the difference beyween stop loss and exit?
agree.my TP is 1.10372
EURUSD WILL COLLAPSE.................................................
IvanLabrie Abdul-Forex-Movement
Or not.
+1 Reply
marcus123 Abdul-Forex-Movement
what are the signs?Can you give more detail about your viewpoint pls?
IvanLabrie marcus123
#1 Fundamentals are bearish for the dollar.
#2 I expect a lot of short positions to be closed for year end, or this week even. (Before Christmas)
#3 The technicals show price above support and with predominance of bullish strength in the background, or lack of decisive bears.
+1 Reply
Mughal2657 IvanLabrie
i am fully agree with you on the second one but the question is will these short will put a huge impact on the dollar weakness or just minor impact i hope we will see a signal before that impact
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