For the last 5 months, trading EURUSD has been very simple. I simply wait for price to either hit the top or bottom of the channel and then trade. In my previous idea I advised traders to SELL at 1.1330-1.1350 and that trade was very profitable too. Right now, price is at the middle of the channel. So, it would be wise to wait and watch the price action. If...
EURUSD reversed off its resistance at 1.12050 where it could potentially drop further to its 1.11596. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hello to all watching my charts. Here i bring you back an uodate of EURUSD for a little education. In my ! view trenchannels always beats support and resistance zones cause the money goes with the trend direction A lot of people told here of the big support at around 1.12200 I didnt mentioned that cause the pair went in the trend either 1.1220 or not. Its...
Currently in a downtrend channel, a short position here is worth the trade. The longer term analysis on EURUSD will come later, for now I'm trading this as shown. Thanks for reading! Wesley
broken a key zone and its retesting. time to sell aim for TP: 1.11262 SL: 1.12437 good luck
18 June 2019 Short EUR/USD @1.12362 StopLoss 20 Pips @1.12562 TakeProfit 20 Pips @1.12162
EURUSD: BULLISH TP: Swing to 1.14 - 150+ Pips #Forex #FxProNow From Point A 1.11 to Point B 1.134 Price has Retraced to 61.8% and we see a bullish Engulfing TP - (-27%) - 1.14 SL - Just Below Last HL - 1.119
Hello to all watching my charts In my favorite pair EURUSD you are able to learn seomthing today if you want. This is (as i think) a very important message: Dont trade what SHOULD happen, only trade what really happen and what you see in the chart. As i brought you this yesterday here in my trading room i had marked support lines (maybe you remember) which...
EUR USD TESTED WEEKLY descending trendline and failed to break, so right now had a retracement to 50% fib level and I believe price gonna go lower because bears are in control.
Eurusd moved as I said, so now I’m gonna wait a 50% or 61.8% retracement of the last movement to go short.
We thought that the EURUSD is changing direction with the increase up to 1.1340, but it has weakened and has not succeeded in breaching the resistance (1.1340). At the moment, there is no reason for things to change so we recommend continuing to sell and stay with the trend Take profit: 1.1140
Hello to all watching my charts. here i bring you back one of the most favorite pairs EURUSD is in a big short position since 12.6. and has loose nearly 1% from the top of 10.6./12.6. We have little support at the level where it has been on friday night 1.1220 but i do more trust my channels than support / resistance lines. So there is a small chance for a...
There have been divergence activity going on over the daily time frames and momentum is developing as well. Price action have been quite steady in the past few sessions trading within a bullish channel. At the moment price is trading in a narrow range, expecting the consolidation to continue a bit pushing the price towards prior broken highs which looks a good...
3 key zones we are giving you here... use them to your advantage ;p Trading really is not hard like everyone wants you to believe! There are so many things that throw new traders off and 1 of them is coming from the brokers... They post FREE trading content on the internet to confuse new traders so they loose money in the markets, The latest 1 I have heard is...
3 key zones we are giving you here... use them to your advantage ;p Trading really is not hard like everyone wants you to believe! There are so many things that throw new traders off and 1 of them is coming from the brokers... They post FREE trading content on the internet to confuse new traders so they loose money in the markets, The latest 1 I have heard is...