Still no entry yet this week on any trades. On the weekly, you can see a major support zone of 0.85 looking at the longer term timeframes. I feel like from this price that EUR/GBP will push up alot. Multiple 100 pip targets once we score an entry. I think we can break through 0.85, and we can then see some downside movement on pound pairs and then to the upside...
We are remaining to watch the zone colored green for an entry long on this contract for EUR/USD. We're expecting a downside rejection but until price has reached the lower 1099's we'll be looking for an exact entry. As always stoploss, entry, and targets are provided live when we enter the trade on our end. Stay tuned to our telegram channel for updates. Keep in...
It's been a super quiet day and one of the quiet weeks sor gross volatility so far this entire year. For those asking about why no signals have been sent: we simply can't take opportunities that don't exist. All position less than a 15 pip horizon have been stopped out today by gauging some fo the community outlets I use to gauge market sentiment. I understand...
EUR/USD Trade setup update: After a 20 pip move up yesterday, anda 20 pip move down today, it's tuff to remain patient with no price action. However, what I've seen is that thursday/Fridays are usually the busiest during the weeks for FX markets right now so don't give up this week just yet! Patience is key this week. I want to make sure it's obvious that when...
No trade for the Euro yet this week (yet), as we continue to deal with illiquid markets that are not allowing any opportunities to be taken advantage of yet this week so far. I'm ideally bullish for the Euro based on a technical perspective, but the fundamentals are why I am neutral until we get a decifson of price action for the Euro this week. Hopefully it...
Watching 1.1 very closely today for either a rejection to the upside where we can take a long trade, or a break-and-sustain of the price shown in the chart. Being dynamic to either a long or a short entry on a contract for the Euro right now with this structure is key. There are confluences going in favor of both biases, with net short and net long positions right...
Here are the current open options for EUR/GBP and GBP/USD that expire tomorrow at the 10am strike time (NYC, EST.) GBP/USD 1.2900 $323m 1.3000 $376m EUR/GBP 0.8500 €1.7bn Source: Bloomberg Terminal
EA: Long Term short opportunity
We'll be looking for an opportunity to enter either short or long on the Euro dollar early this week, as price has reached a key-level, a retracement zone, an area of supply, and a trendline. We are prepared to take either side of this trade.
Short entries approaching.