Price is approaching our sell entry at 1.1184, a swing high resistance level, and it is slightly below the 127.2% fibo retracement and 100% fibo projection. Our stop loss will be placed at the overlap resistance, at 1.1277. Take profit will be placed at the pullback support, at 1.1094. Please be advised that the information presented on TradingView is provided...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that EurUsd just retested and already started to once again reject a major previous weekly resistance area at the $1.10 level. You can also see however that weekly market structure is still overall bullish, EurUsd is still creating higher...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for EURUSD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hey there, so we have had quite a quite market as of late especially with the every increasing talks of further rate hikes. That being said, in today's Midweek Review we look at: - AUDUSD CPI figure release and why it did not move the markets - USDCAD trade review - XAUUSD short beginning to line up
Here is a quick recap and breakdown of price action post CPI data on EURUSD. If you did not watch my first video on Pre CPI data for EURUSD make sure to check it out. Take notes, Study, level up your trading and remember - only a fool dismisses demo trading. Cheers and be safe.
I recommend waiting and catching the real move because today is high impact news dat. CPI is brutal, I wouldn't be surprised if we see a nice turtle soup play before a sell off. Everything else is explained in the video.
The retests and supply zones have been respected, looking to see a continuation of this.
A recap on EURUSD this week and what I would like to see moving into next week. Price traded in a tight range all week. NFP is next week. Should get bloody. Sitting on my hands till i see one side of the range taken, will be looking for ways to get involved after that. HTF bias is bullish.
64% success rate for backtesting ADX/DMI + Linear Regression Channel on EUR/USD for week of 1/9/2023. Had some losses near the end but was getting sloppy with my trading rules. Need more backtesting and trial and error to get my rules ironed out.
workshopping video essays for market recaps. if you gain value from this content please let me know in the comments below so i can continue to publish these.
EU Top down price action analysis - BEARISH swing moves are coming.... time for a rollover.
Happy Tuesday everyone! This is my trade on 12/13 shorting an overbought EUR/USD after news. Wish I got that initial leg up but by the time I was logged in at work it was starting to peter out. Waiting for my indicators to contract a bit and had a candle close inside the Bollinger bands. Still trying to figure out my stop/take profit using Bollingers but I did end...
Liking the ADX & DI indicator. A lagging indicator so I think using in conjunction with RSI & Bollinger Bands should work well for confirming trends & setting targets.
Glad I locked in profits when I did. Price reversed and started a small uptrend which would have eaten my profits. See the MACD where it meets the signal line to find equilibrium and then continued up. I could have exited when RSI breached signal line as well for better confirmation but that would have eaten about half of my profit. Let me know what y'all think of...
I entered this trade, was up pretty good for a bit then trend continued. Should have pulled out but greed set in I guess. Hit stop loss hours later. Added indicator to identify trend reversal which would have allowed me to enter earlier and gotten out when I should have. See my Short Position box and my entry exit points to see where I was during my trade.
EURUSD DOWN AND THEN UP TO 1.10791 ⚠️ DISCLAIMER ⚠️ The opinion of the author may not coincide with yours! Keep this in mind and consider it in your trades before making a trading decision.
A very vague analysis of the markets as they run away without us on board, catching 1R in the moves and joining the party late.
Top down price action analysis on EURUSD, i hope you enjoy the video comment below what you would like me to breakdown next.