lots of bearish momentum going on with EURUSD dollar right now. had a few ideas wrong last week but after looking at the daily chart it is clear i was thinking too short term. This setup seems to be a pretty safe play going off of the flag pattern. set up a sell stop at the low of the flag and a SL above and let this ride down to this also has the potential...
Hey, like all my chart styles? They're pretttyyy :) Perfect dead week ahead, good timing as I did ZERO of the research I wanted to do this week end, I want to peace out for a while. I just set my 25-30 alerts which takes me 1h-1h30 every week (last week i only set less than 10 only wanted to trade clear trends). I watch a little over 20 FX pairs, 4 metals, half...
Trend setup in real time : 1. Wait for a trend 2. Use Flexible Volume Profile on the trend 3. Mark significant volume clusters in the trend 4. Wait for the price return back to a volume cluster 5. Enter a trade in a direction of the trend
TREND SETUP : 1. Wait for a trend 2. Use Flexible Volume Profile on the trend 3. Mark significant volume clusters in the trend 4. Wait for the price return back to a volume cluster 5. Enter a trade in a direction of the trend 6. Take profit :-)
EURUSD made a huge false breakout on the bear flag yesterday right before dropping 250 pips. I am expecting the bearish trend to continue but not before atleast a retracement to the 50% fib sometime today or next week.
It's finally happening. USDJPY (UJ) is going to drop into the Abyss and EURUSD (EU) will therefore rocket into the sky and perhaps beyond. See my writing style footnote below if the first line somehow bothers you. Not much time before it starts (maybe it already is) but you will have plenty of time to trade both symbols because I predict EU to start a bull run...
lazy chart, I don't really see this happening but who knows. Just using this for some information later on
Anticipating the pair to get moving with the LSE open when all the volume will be coming in. E: 1.1865 SL: 1.1820 (45 PIPS) TP: 1.1970 (105 PIPS) RR: 2.33 For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...
Hi everyone This is what I see at the moment the eur usd breaking out of a bearish triangle and heading south to either tps listed is what I see at the moment, if the market stalls or does not break to these will need to assess another play for this market Happy trading Kris
Price showed a marked reaction to a monthly zone and broke bullish market structure. Expecting the drop to continue in the direction of the next monthly zone illustrated by the red horizontal lines on my chart. It is also possible that price might pull up a bit more before dropping.
When Exchange Rate Mechanism system failed to stabilize national currency exchange rates within Europe, it led to the proposal of the adoption of a single European currency in 1995.And on January 1st, 1999 , 42 years after Europe's foundation, Euro was adopted as single currency by 11 member states. Today, Euro along...
Hey Traders! Looking for a long term buy, we have to analyze the ongoing corrective structure in order to plan the trade. Will be posting updates! - Hola Traders! Buscando un largo plazo de compra, tenemos que analizar la actual estructura de corrección para planear el trade. Pondré actualizaciones! Carlos
The 2-year long rising trend line has been breached. the RSI is sloping downwards as well and is below 50.00. A daily close below the trend line would open doors for a sell-off to 0.96 handle.
Current view suggest we should see a break out to the downside from the triangle forming ahead. The move upwards the last days is seen as a corrective minuette wave 2.