Just an update on the Eurusd, simple trade cont. As you can see we are getting close to entry, you could also go on to your lower timeframe and look for an entry techniques, candlesticks and so on. Good luck :)
Hi everyone, simple trade idea, the trend shows higher highs again as we can see with the 200 period simple moving average. This pair is usually quite stable waving up and down and the RSI and Stochastic show it is a good moment to long. I will enter in this trade unless any bad surprise on Monday. Any opinion is welcomed. Good luck.
Reason 1: Uptrend bias Reason 2: Trend line of obvious support Reason 3: Fibs 618 lines up with trend line
Hey people, Quick View on Gold! Red Trendlines show a nice Movement Within :) Buy the Lows! Sell the Highs! As simple as that. I plan to do that till the Daily Black Dotted line is geting Retested. (Was broken on Daily not retested yet ) LETS GO! All in the Chart!
Basically, the last few months NASDAQ 100 never got 3 ticks without a minor DD, followed by the bottom confirmation. (2x) So, everytime it goes against you, close it and wait for the confirmation, once it's up buy back and watch it fly. You'd save some few important percentages doing that, all it takes it's active control of your positions, even in the long run.
Finally made it over trend resistance and into what I hope is a new bull session. The technicals aren't perfect, but history doesn't care. Still up in all time highs with more room to grow, if patterns stick I'll have more option money in June. I think it's possible we could drop back into the previous zone, the volume is not yet there and I'm interested in what...