Hoped you liked the USDCAD! Here's another tight SL (3 pips this time!) Started this one in the trading room chat live last Thursday, and had a perfect spot for a re-entry later on that day... Monitoring this closely with trailing SL's now as heavily in profit .. although it appears Gandalf did his job :) To be clear this trade is very short...
Hello, everyone! Already second time we made profits, trading on daily levels calculated manually, by me every day, even tho market is ranging and before ECB a lot of traders are afraid to trade! The Pair is respecting these levels, see other Ideas to see for yourself! Description! Even tho Today is ECB day, and nobody knows what will happen, anyway I have some...
Some levels remain the same, some are new! To understand what the pair is willing to do today you have to see yesterdays idea! My thoughts is that pair is willing to go down at the moment! Reasons - yesterday 08.03 it got above Sensitive level, and it felt down more than ( 23 or 35 ) pips, furthermore it broke yesterdays Decision point that was located at 1.1004....
Not a big change in daily levels since close price is near the same as yesterday! I am still long to 1.1060 - see related Idea. Look at yesterdays 07.03 daily levels, we made some profits on that one - see related idea. Description! Read carefully! First look at market sentiment 1.1004, if it will be broken downside by X pips, it is more likely that the pair...
EUR/AUD ( 4HOURLY ) SUMMARY: The secondary trend of EUR/AUD is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4926 and support at the level of...
See my related Idea! SL is below daily level, since if it will be broken by X pips, we will drive down. Watch how Decision point reacts. It may reject the pair and send it down! I am long anyway!
Hello, traders! Make sure you watch the whole video of me talking nothing ( giggle ), so you get a better picture! Link - youtu.be Good Luck and thanks for your Like!
100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016 The primary trend of EUR/USD is bullish on charts and price is trading above the trend line in its daily chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.12750 and support...
Potential move to the upside to previous pullback highs, we are in great area to look for pullbacks.
The macro calendar for the upcoming European session offers no data, hence the EUR/USD remains at the mercy of external factors and the overall market sentiment.