Euro/USD Symetrical Triangle breakout trade. I will wait for direction of breakout to confirm trade.
I buy with 4 setup, 1. not LL. 2. Big white 3. Break SMA20 4 double bottom forecast But.... I fear, since it downtrend, and closed with the high wicked. so I manually closed it for afraid of loss. It go up with the fast pace, maybe some news launch.
I sell with ABC pattern yesterday, H1 SMA 20 break down + LL candle. Next step, wait that if it can break SMA20 in H4 or not, and yes it break. Now the TP as my plan is aorund Low in picture (the blue line) And trailing with 20% SL or MA trailing.
This week is hard to trade EU. But I never give up, I will trade with the steady mindset andtrust in my system. 1. MA 20 break down in H1. 2. Think of ELW ABC. pattern.
I sell with 1. The reversal candle H4 2. MA cross down in 1H The TP around 100 = 100 fibo (at the bottom of bigger Flat)
I sell it after it closed 4H candle stick.. The pattern looks like double top. (for the high wicked) and the TP at 61.8 Fibonacci LV retracement. The NFP week is hard to trade :(
I sell from my system show in 1H tf. Break SMA20/ 2 LL candle and market deny me.
Hello everyone! Here is my Elliott wave guide for EU. It is still in the uptrend, and now correction phase of the flat Possible scenario happens; 1. still flat 2. 1-2 and make the wave 3 in the new impulse wave. Please aware that it wait the non farm on Friday, so it is sideway or not volatility much.
I wrote this journal back, due to my busy but put order already. I bought yesterday and then it hit my stop loss.
I just thought it was worth pointing out, while people are freaking out about governments banning private cryptocurrencies, the new GDPR that takes effect 2018-05-25 will make it illegal to permanently store Personally Identifying Information (PII) in a computer database. Systems that store such information will require a mechanism for the person who is the...
Double top on EU Daily CHART I´m new in trading, please let me know your thoughts on this
i entry this after it is break SMA 20 in 4H timeframe, However, it is not going as planned. And go down near the entry point. So i stop out first for cover my money. : P Wait and see next.
The DOWNTREND has not been broken, the channel limits are strong and have rejected BULLS several times. So the Downtrend holds ground I appreciate your comments and Thumbs Up
Ive been bullish on EURUSD for almost a year now. But after the failed attempt of breaking out from 1.25 Im shifting to some sell signals. My decision is technically driven mainlly Also a break of the channel could trigger a sell as a secondary tactical entry for those who dont want to jump in the market. Trade safe, Trade well.
Minutes from the ECB's January policy meeting will be published on Thursday. The ECB said it will keep its €2.5 trillion stimulus program in place for as long as needed at that meeting, and stated that there are "very few chances" that it will change interest rates this year. Despite those remarks, market players remain convinced that easy monetary policy in the...
Now, EU is going up The risk is ; 1. failed break 2. From the past data, it is hard to find the target. I will trailing stop with the dow theory, with Higher high and Low is my trailing stop. The other stop is ; if it fall around 20%, i will sell all. From the price pattern, it is the flag and target around 1.33xx But i think it is too far and not cluster...
I sell (after i closed buy for fibo target around 50%) Now it complete my elliott wave cycle (5- impulse wave) It will be down for ABC and go up to "B" of the higher timeframe However, I rely on the candle stick because it is the reversal candle ( tweezer, not sure the name) Target around 50% first longer target break low for channelling down.
I buy with the big white around neckline. Now it is first target. (100=100) Next target around 50% of high (around 1.23500) Please see in chart.