Beast1822

Beast1822

Long 3:1 reward to risk euro is looking bullish recently

Beast1822

technical reversal withing a triangle seems to be trading in a range 1.63:1 reward to risk

Beast1822

I would wait to see how the market reacts to this level before placing any swing trades on this pair. a quick break early in the week would be a strong bearish sign in my book although I would be expecting some sort of bounce because of how resilient this level has been in the past- there must be a ton of buy limit orders sitting at that level

Beast1822

Great risk to reward! I think we had a bit of an over reaction on the dollar due to trade war news

Beast1822

Risk on good technical breakout

Beast1822

reversal against support 2:1 trade

Beast1822

got a limit order at the top of this range. then we wait... 3:1 Reward to risk fundementally the GBP is really bullish right now

Beast1822

Seems like a retracement and reversal Eur/usd is tough to call because there isnt much conviction either way I see a higher high and a higher low so we going long good luck trading :)

Beast1822

shorting the pullback to support 4:1 risk to reward also aligned with risk trends as the aussie tends to rise with the SP 500

Beast1822

3:1 Reward to risk Buying the retracement on a stong GBP and weak JPY I am hoping that risk trends will back me up on this trade with the SP 500 at new highs if we get a reversal in equities the trade could turn on us with the yen being sensitive to the global economy as a safe haven currency

Beast1822 Updated 

eurusd short

Beast1822 Updated 

watch for big weekly gaps that need to be closed before entering. Fundamentally the euro is bearish and the Aussie is neutral making this trade fundamentally sound as well

Beast1822

Only enter trade on an hourly close above 0.736

Beast1822

My final confirmation is a daily close below 130.4. Then I wil go short. Fundementally the euro is slightly more bearish than the Yen and if risk aversion kicks in we may see some real follow through

Beast1822

S&P still looks bullish to me, what do you think?