I know its ECB day but with the short EUR trade the RR is so fantastic today that it definitely makes sense to trade this one. Shorting EURJPY here @ 129.12 Stop at 129.52 Targeting 127 Let the games begin . I will be sitting with trigger ready and might pull it off early if we get a decent exit during the statement or the presser.
Buy above 123.78. Stop loss at 123.15. Take profit at 125.32. Reason for the trading strategy (technically): Price is approaching major support at 123.78 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we expect to see a bounce above this level for a rise to at least 125.32 resistance (Fibonacci extension, horizontal swing high...
Buy above 122.56. Stop loss at 122.30. Take profit at 123.63. Reason for the trading strategy (technically): Price is now testing major support at 122.56 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce up from this level to reach at least 123.63 resistance (Fibonacci extension, horizontal swing high...
This would be my first PO this week for EJ. Daily momentum still STRONG BEARISH. Price find higher position before continue his trend. I wish mine is right. Happy Trading..
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Talk about an uptrend! But as we all know, this cant last too long. Evidence: The highs on Monday 5th and the highs on Wednesday...
Hi Guys, Eurjpy brek little range.and makes a bulish candel and makes also previous days pinbar fault.i think now eurhpy buy mode.next target 116.60