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Eurolong

EURUSD; Get on My Levels Euro✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Ladies and Gentleman, let's get ready to Forex! Today we are looking at EURUSD levels to see how we can make money trading money. --- 1. Fractal Trend is showing an uptrend (Green background color) for EURUSD on the 15 minute chart. 2. With this setup, we want to take long positions when Fractal Trend signals an uptrend AND then Breakaway Scalper signals a long entry in the uptrend by showing a Green bar color. 3. Right now we are looking for a reaction off of S1 and then a reaction above the trend line around R1. 4. If we do get a long entry we will be using the trailing stop (Yellow line) built into Breakaway Scalper to lock in profits and limit risk. 5. Other levels we will look for reactions off of include S2 - S3 to the downside and R2 - R4 to the upside.
by AlphaBotSystem
2
EURUSD LAloha,with the dollar (DXY) weakening, Euro could be a temporary long at least to the 50ema on the daily...we'll see what happens there: either a continuation long (a pattern will show us), or a rejection back to form a running channel for clearer direction. Placed the entry right above the 50 ema on both the 15 min and 1hr. First trade of the month. Another entry could be in the works with this ascending wedge continuation squeeze. 4HR: hovered on the 50ema after a bull run with the greater trend showing a higher low. 1HR: broke out of descending wedge/channel and squeezed up and over the 50 ema to just hover like the 4hr. 15M: bull flag. descending wedge, pullback, all very similar phrases can describe what is happening here but in my honest opinion, they all point to the similar long bias with a probability of it making a deeper pullback for a loss.
Long
by Reid_Hicks
2
ridethepig | EUR Market Commentary 2020.03.05A playable break here in euro, with a more solid resistance found at 1.124x which seems to be the next target for buyers. Now DAX sellers are entering back into the picture which will keep EUR in bid and help us corner our opponent up slowly before a momentum break, though this attempt could be better seen in German Equities: The position which is reached is full of resources, such as: (i) ... EURUSD macro breakdown (ii) ... ECB Floor (iii) ... birds eye view then... breakout You should also take a look at the Dollar focus which arises via FED artificial devaluation of USD: The position we have here appears really simple and clean, but is actually rather complex given the dangerous environment. A break will allow buyers to occupy the flow and expose the 1.124 jurisdiction. In positions like this, play the momentum with extreme force. Thanks as usual for keeping the likes and comments coming, jump in with your charts and views in the comments!
Long
by ridethepig
22
EURUSD StrengthEURUSD Strength - RyuxFX Overview After EURUSD broke out of its longer term bearish trend we have seen the current market environment shift to a range, with resistance at around 1.11754 and support levels at around 1.09950. Despite some market manipulation around these areas we have generally seen price respect these two levels, fluctuating between the two. After a recent rejection of 1.10947, midway in a bullish rally towards resistance, EURUSD has fallen and is set to close the Daily candle at support. Expectations We can expect bullish liquidity to be filled in at this level and see somewhat of a switch in market momentum, moving towards a bullish sentiment. Risk To avoid market manipulation and stop hunting, Ryux has set up a Buy stop for the level at 1.10237. this way, price will have some momentum behind it if it makes a bullish push. Joel Guloba Forex Analyst / Trader - Ryux Enterprises
Long
by IllusiveShroud
EURUSD Long Setup - Target 1.1440 - Swing Trade with 1:3 RiskI strongly believe that there will be a market crash very soon in US. I'm expecting this crash to begin before end of December if not beginning of January. (Maybe 26th December?) I have multiple entries for this trade. 1. Entry: Opening of 23th Monday - Market Order 2. Entry: 1.1030 - Limit Order 3. Entry: 1.1100 - Buy Stop order Estimated trade duration: Before 24th February (2 months) Note that If i'm stopped out, i will jump back. Fingers crossed... Disclaimer: This is not financial or investment advice. Trade safe, Atilla Yurtseven
Long
by AtillaYurtseven
3
EU: Wkly trade setup Last week we had posted a suggested long setup which reacted perfectly in the zone shown for long entries. The weekly region of support is something to keep an eye on. On the daily timeframe, price has pushed down since the double top, and now currently a double bottom. I didn't enter this trade last week but well done to those that entered on our bias and suggestion. Looking forward to this week, I'll be watching a zone for entry that will be present after a new lower low is invalidated (we're still in a downtrend). This week remain bearish to the psychological of 1. Feel free to ask any questions below.
by UnknownUnicorn3442968
12
EU: Update for todays trade ahead of CPIWill be looking to enter long with this setup, as we've tracked it's downward price action so far into our buy-zone shown in the original chart posted a few days ago. This entry will be provided in our telegram as a buy signal with entry, specific stop loss, account management info, and fundamental data. It's important to remember that CPI numbers come out in 1 and a half hours, so this setup won't be valid until that liquidity has entered the market, thus our bias remains neutral as it's in a shorter term (1-h4-4-hr downtrend)
by UnknownUnicorn3442968
3
Pound Euro Sideways Because UK Is Not Yet BrexitingToday markets another important day of voting in the UK House of Commons where Parliamentarians will again cast opinions on the so-called 'indicative votes' all of which failed the first time around. Regardless, the markets certainly do not believe the UK is headed towards a no deal Brexit, but as of right now that is where the UK is heading as a deal is required to be ratified by the House of Commons and agreed by the EU to avoid an accidental crash out of the EU by April 12th. A general election is seeming to gather steam, but both the two main parties are extremely unpopular so it is quite uncertain what the outcome of this would be.  It seems we are on the edge of a constitutional crisis if neither Parliament nor the prime minister can come to any agreement. In that event, we could see a long extension of Article 50 which could be as long as another year. At least, again, this is how financial markets are pricing in the uncertainty. But if that's the case, then the UK will have to organize EU Parliament elections which PM May is fundamentally opposed to. Unfortunately, this forces an almost paralysis by analysis since the uncertainties are so high. The closer we get to April 12th, the more clarity there will be on the future of this issue.  For more, check out anthonylaurence.wordpress.com
by WhiskeyTangoFoxtrot3
EURUSD Down Because Brexit and Germany Could Enter Recession Fundamentals are fairly important in financial markets. Its why I spend so much time on them. This is how I came to the ultimate conclusion that the trend of EURUSD is down mainly because Brexit, updates of which you can find here: anthonylaurence.wordpress.com While economic data out of the Eurozone was somewhat favorable at the start of the week with the IFO Business Climate Index, consumer confidence was weaker in Germany. Such negative sentiment caused ECB President Draghi to assert that the ECB would step in should the need arise in financial markets. This didn't budge the euro at all. In short, Brexit isn't trending well although it could lead to a conclusion. This would break the euro out of the downward channel, but in the short-term investors will probably continue to witness this price action, at least until April 12th before which we will probably see an extension if no deal is reached. For more analysis, check out www.anthonylaurence.wordpress.com
Short
by WhiskeyTangoFoxtrot3