TradingView
Yuriy_Bishko
Jan 18, 2019 9:24 AM

EUR/USD, My Trading Plans. 

FX:EURUSD240
Euro Fx/U.S. DollarFXCM

Description

⋅
Price is still bearish. Because after Bull trap EURO came back into the range.

I have 2 scenarios what to do at this moment.

1. Open sell after fake broke of 1.1422
2. Open buy if the price will break up 1.1422 and 1hour candle will close above it.

I always trade near key levels because near them I can set proper S/L.

After 100 like I will do all updates and will write S/L and T/P points it there will be an entry.

Comment

⋅
1. sell after fake broke of 1.1422, 1-hour candle must close under 1.1422

Comment

⋅
2nd. I will open buy after broke up 1.1422 and H1 close upper it

Comment

⋅
EUR/USD is going down to the border of a 3-month range.
You can hold a sell position.
Trend AnalysisChart PatternsWave AnalysisEURUSDEUeurodollarjapaneseyenbritishpoundForex
Comments
BlockchainYahoo
⋅
i would not post arrows like that...which says you are speaking from both sides of your mouth...
either take a position or keep to the side lines....we have enough politicians already...

if you gonna post learn TA
Yuriy_Bishko
⋅
@BlockchainYahoo, DId you read everything of what I wrote?

I wrote my 2 scenarios. I am a trader and I always have different plans what to do if the price will change something.

How long are you in trading?
RuslanKuchma
⋅
I agree with the sale of the EURUSD. In the morning I gave a forecast for the fall of the EURUSD from 1.1400.
Yuriy_Bishko
⋅
@RuslanKuchma, Great to read it
Craig_Claussen
⋅
Thanks! Lets see if the volume makes decision on the USD U. of Mich. Sentiment Report in 2 hours
Yuriy_Bishko
⋅
@Craig_Claussen, Do you think news really impact on the market?
Craig_Claussen
⋅
@YuriyBishko, I believe they add much needed volume to either weaken or enforce divergence.

Currently, stoch oscillation divergence is indicating DXY bears are winning against Euro bulls.

If at 10 am eastern time, the news is positive for dollar, then the current divergence taking place against slow stoch oscillators trying to move price back up to your key sell zone of 1.4222 might not happen at all.

It's my opinion that sometimes these mini trade range S/R zones need some positive or negative news to help finally push the market out of it.

But I'm just learning still
Craig_Claussen
⋅
@Craig_Claussen, Sorry I meant DXY bulls not bears
Craig_Claussen
⋅
@Craig_Claussen,

Yuriy_Bishko
⋅
@Craig_Claussen, Big players accumulate positions in such range. When time will come they will create a news
More