Hello to all watching my charts
Lets have a look to my favourite pair EURUSD today
Due to political statements of Draghi the pair have startet
a new Long wave. sinc q few days
(Maybe you rmember my Post: Possible trendchange to LONG..)
Thats startet some days ago
Whats interested ia, that now we build up a stronger
longchannel in the normal channel, so the...
# Support broken
# Inside bar pattern printed and validated with a candle breaking the low
Selling at market price 1.11810 with
# SL above the inside bar @ 1.12069 and
# TP lower down targeting the previous swing low @ 1.11297
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in Forex Bootcamp using the...
News:-
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#One thing is that most of the members say that after the second quarter, the economic growth will revolt. In the second half of the second half of the second half of 2014, growth will increase in the second half of June-July. As soon as we enter the EuroBo mode, it will not be possible to enter the beginning of June or enter the last week of...
EURUSD view on H4
Note the lower highs that has formed indicating a bearish trend. The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward.
# For more information on Markup buddy please read here www.profitfxza.com
See my...
# Lower highs formed
# Support turn resistance re-tested and pinned
# Bearish engulfing candle pattern completed (sell signal)
I am selling at market price @ 1.12003 with
# SL above the bearish engulfing @ 1.12430 and
# TP lower down at support @ 1.11215
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me...
This is a simple yet effective strategy that offers great risk to reward ratios and a good strike rate.
The RSI is heavily oversold so I am looking for a buy signal and an inverted hammer has been completed. This is enough reason for me to enter the trade...
# RSI oversold so looking to buy
# Buy signal printed (inverted hammer)
I have bought at market price...
Shorting at market price - price has pinned the minor resistance and printed a sell signal (railroad track)
Selling at market price 1.12926
SL above highs @ 1.33567
TP lower down 2 support 1.12186
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in forex Bootcamp using the Telegram link below
1. Price is trending up
2. 21 MA pinned
3. Support of 1.13 pinned by hammer
Buying @ market price 1.13088
SL @ 1.12890 below the pin bar
TP @ 1.14123 at resistance
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in forex Bootcamp using the Telegram link below
Who Else Selling EU: Sell EURUSD Trade Idea: Nice Time To Open A Sell Trade on EurUsd. Seeing Some Bear Pressure Sure To Last A Day Or Two. Suggest Entering Here and Having An SL of 1.1396 TP: To Be Shared On Live Trade
Technical indicators are very sexy for new traders and even majority of professional traders but i will take a moment to tell you why they don't work most of the time. Also Scammers who want you to believe that somehow this indicators and systems created from them are magic bullets . The truth is they are not and that's why 90% of all retail traders blow up at...
Hi guys,
You've probably been enjoying the EURUSD ranged market over the past week or so, but wondering where it will go next. If you remember, we had something very similar back in May. The sideways consolidation ended with a large impulse to the upside (bullish). If you look at figure #1 and #2; we are in the same type of consolidation pattern now. If the same...
I closed my EURUSD. My sell signal generated very little profit. The pair dropped a little, but mostly sideways. The EURUSD seems to be winding down to the bottom of the flag (i.e. my T Rex). It's a downward flag, but the swing trend is fairly bullish.
Another patience game. I have alarms set for support and resistance. I'll wait and see which way it breaks out,...
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
EURUSD is expected to sink now.
There are many reason why we feel it may sink.
* Bearish Engulfing in WEEKLY Chart .
* To sink and come near 1.0898 levels
* Stoch RSI (3,3,14,Close) clearly states it may sink.
* RSI (14,CLOSE) May not be of the same view.
* CCI (20,CLOSE) may not be of the same view.
Keeping in view the chart pattern we expect it to sink....
