anilmangal
Long

EURUSD buy setup

FX:EURUSD   Euro Fx/U.S. Dollar
8883 34 211
The EURUSD             us in a corrective structure, it is about to break out out of a down correction so buying the breakout looks like a good idea.

Trade with care.
Thank you for your support.
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nice chart!
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thank you anil
+2 Reply
What TP would you recommend?
+4 Reply
good opportunity, thanks for posting.
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I am buying this pair Anil, and all pairs affected by the DXY when it made a double top on the Daily.
I realize it is a short term move, but I try not to let an opportunity rust :)
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Thanks Anil. Looking like the corrective break out pattern that happened with gj yesterday. Nice setup.
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Thanks Anil :)
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many thanks Anil!
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Thanks Anil I am watching this carefully
EURO/USD at important junction
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I learned a whole new way of interpreting charts thanks to your posts.. I have a question if you don´t mind, when you say buy/sell the breakout, do you place a market order at the very moment the prices reaches a certain point or do you wait for a closing candle in the zone you expect? If the second, do you get in in the place the candle closed or do you wait for a pullback to the recently broken trendline?
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wallboys PRO IAmAgainst
Let price break a trend line , you know valid break out ? body candle close out in trend line area, in break out strategi have 2 diverent way to trading , 1 is agresive trading and safe trading , agresive trading if price break trend line we enter market without wait price to pullback , if safe trade price berakoutt we wait to pulback then we wait to bounce then we entry
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IAmAgainst wallboys
Thanks.. it's a way of thinking that I've put in practice yet. My usual strategy is to predict where a price will bounce based on previous structure, placing the limit order, sl and then wait and see.
When I analyze these breakouts in past graphics it seems an amazing strategy but at the moment of implementing it, when a prices breaks a trendline I tend to think "It already went up/down too much, it's too risky to buy/sell now".

I guess the psychological part is the hardest to work on rather than the technical analysis..
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IAmAgainst IAmAgainst
I've "not" put in practice yet, I meant.
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good to follow you to enter eurusd for long!
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Hehe.....Clever movement by Eurusd....breaking downward trend line.....catching buyers but comes back in channel.....
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Koryphaeen PRO rooshan.ashfaq32
And it will catch sellers too who freaked out by the move you spotted and went immediately from buy to sell, if they do not understand how such moves/waves behave.... but, hey, that's trading, isn't it? :)
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It is a nice, very well thought trade setup you are giving out for free to us, thank you for that! With a R/R ratio of around 1/10 what else could a trader want, right? ;)
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I am not in sell or in buy I am on side line waiting for breakout
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thnx bro
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Thanks Mr Anil Nice Chart
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Thank you for your idea
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On to this one. Thanks for the heads up Anil.
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link crash join me webinar!!! again link pls
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Why going long, I thought the trend is down?
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is it to late for a buy?
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the movement is too little,i want to escape now!
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kallentto wangbujun
I think I will BE like you, only 10 pips left and I can escape safely.
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It work! Thank you!
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Nice one!!!
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Good chart on that corrective chart.
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lol market is in major bearish reversal!!! buying cant be a good idea.
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OMG thanks you!! I guess you won the Nobel Prize for seeing things that happened 3 day ago!!
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anilmangal TOP anilmangal
thanks to* you.
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Is there any update for this trade Mr. Anil ?
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