Eurusd-3
EUR/USD +5.42% 12/16Entered this oversold position early this AM. think it was like 7:15 CST (got into work early) had inventory starting at 730 so set a lower profit target but had profit/risk at 1.5 made a nice little $57.50 off 50,000 units (~$1,060 USD) while I was away doing my work. Checking back in & think I planned accordingly for current market behavior. LMK what yall think for tips/ tricks/ recommendations please! :)
EUR/USD overbought short +9.4 update So it looks like EUR/USD continued down as I predicted before. Profits could have been tripled but oh well, can't predict the market to a T. If you guys have any ideas on how to time my trades for entries/exits better please let me know! I love any feedback anyone has :)
EUR/USD overbought short +9.4% 12/15/2022 Tried this a bit earlier when RSI started to break trend but was stopped out after seeing a quick profit, trend was still too strong. Entered again when confirming overbought area. +DI started to break its trend and trend downwards, RSI broke trend & candle was starting to close within Bollinger Bands. As I type this has continued a bit further down and you could use the middle bollinger as a take profit yet fighting the trend I did not & recommend not doing that. We shall see if it hits that area later & maybe I'll do an update of where this trade could have landed but I have a Secret Santa & lunch out today for work so don't know if I will have the time :) until next time amigos!
EUR/USD -9.3% 12/14/2022Well I got this wrong. Originally I made a mistake when placing my order and bought instead of sell. Would have been fine if I didn't liquidate that position right after placement. Hindsight is 20/20. I placed this off the 30 minute chart but I guess its not as accurate as on the 15m chart? 15m chart shows a larger divergence so I think I will just stick to 15 min chart from here on out. LMK what yall think of this
EUR/USD +9.9% 12/13/2022Happy Tuesday everyone! This is my trade on 12/13 shorting an overbought EUR/USD after news. Wish I got that initial leg up but by the time I was logged in at work it was starting to peter out. Waiting for my indicators to contract a bit and had a candle close inside the Bollinger bands. Still trying to figure out my stop/take profit using Bollingers but I did end up closing position near middle of Bollinger band. Moved my targets a few times to be better positioned. Probably could have stayed in the trade since the DI are about to cross but may pop off the middle bollinger. We shall see. LMK what yall think & ways to improve this strategy
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Elliott Wave Review Ahead Of US CPI Data On EUR, NZD and BitcoinWe have a busy week ahead, with plenty of important data for the interest rates policy in US, UK and EU. We have US CPI already tomorrow, which will be interesting data as speculators will put their bets on FOMC decision which is scheduled a day later. From an Elliott wave perspective, I will focus on EURUSD and KIWI which can offer nice buying opportunities on a pullback.
I will also look at bitcoin.
Trade well,
Grega
EUR/USD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
EURUSD Price Action BreakdownHello guys 👋
- This is the first video on our profile. We want to break down the chart as best as possible and show you our view of the chart with the help of a video. Leave a comment and like if you want more clips like this.
Forecasting in forex helps us prepare as well as possible for a potential entry and reduce the chance that emotions will affect us. Forecasting should be done at least twice every day, in the morning and night. On the weekends, you can do the forecast only once. Higher and lower timeframes should be analyzed during the weekends in preparation for the coming week.
1D timeframe chart breakdown
1)Daily Timeframe shows us that the price moved in a long downtrend.
2)At the end of the downtrend, we see that the price has made a Change of Character, and we notice the presence of Bullish Orderflow, which indicates that we can expect the beginning of an uptrend.
3)After a long downtrend, the price finally breaks the descending structure with strong bullish momentum, which indicates that we can expect the beginning of an uptrend.
4)After the bullish momentum, we see that the price has slowed down with the momentum (weakness), but again we see the presence of bullish order flow + EURUSD has the characteristic of going up impulsively from this kind of price action + it has a lot of liquidity to pick up.
5)In the end, the price is bullish, but it can easily change to bearish
1D timeframe forecast:
1)We see a nice change of character after a long downtrend, nice bullish momentum, bullish order flow, and we can expect the price to continue bullish.
2)The price has left wicks that tell us that the price has no more momentum to continue upward, and we expect a reversal to happen.
3)If we see a corrective pullback, wicks will be respected, and we can expect a continuation of the uptrend.
4H Timeframe chart breakdown
1)We see that we are moving in a longer ascending channel, and we see that: we are placing new HHs; we make impulses, corrections, impulses, which indicates that we will continue to move in the ascending channel.
2)But this is EURUSD, and we know we can expect to see a smaller ASC PA after this PA and see a trend change or continuation to the upside from this PA.
3)In the end, we have no bias, and we look at what will most likely happen and react to it.
4H timeframe forecast:
1)We see that the price is placing new HHs, and we notice an impulse correction impulse movement, so we can expect the price to continue to place new HHs and continue bullish.
2)After a longer ASC channel, EURUSD likes to make a smaller ASC PA and then change the trend, so we can expect that.
1H timeframe chart breakdown:
1) Currently, we see a very corrective PA; the price is between high and low.
2) we also see that the price moves from des PA to asc PA, which indicates a correction.
1H timeframe forecast:
1) Here, we expect a correction because everything points to it
2) There is a chance that the price will go bullish because they make an inverted head and shoulders pattern, but we do not want to trade in such a PA
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EURUSD top-down analysis, UPDATED!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/USD 12/7 -9.23% LongWelp, I got this one completely wrong. This immediate went the opposite way & went hyper until it stopped me out in like 90 seconds. Thought it was bottoming out & it would pop up a little. Good thing I always at least set a Stop Loss. Not big on take profit targets, I like to let them run a bit. Trying out new indicators I have found & liked so will likely have losses until I find the perfect settings & trading rules on when to enter trades. Thinking of just following the MA line & waiting for confirmation from the Squeeze momentum. What do yall think?
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The Math Behind The Financial Markets..Here's something to level up your Trading right now..
Once you understand these levels and the simple mathematic basis to a successful strategy you will see higher levels of accuracy because you are PLANNING at all times.
And no, don't worry, you do not need to be or be related to Mr Einstein. It's pretty simple stuff to manage..
1. Probability in the markets must be your friend. Ask yourself at all times is the trade I'm taking probable?.. (at a point where the opposite side of the market moves out and you pick the prevailing move).
2. Variance in the markets also needs to be your second best friend. Ask yourself before any trade you take, can I survive this market swing if it occurs, be it natural or a Black Swan?..
Once these questions are answered it's likely you stand a higher chance of being 1. accurate in your Trading and 2. well within control of your Capital.
Trade Safe, Trade Small, be in control.