Little long on EU, keeping general short!Hey!
See related Idea, EU did trick me and reached the level ( entry ) that I was expecting a lot earlier only today Friday!
After calculating what NY close has gave to me, I see EU has to go long ( temporary ) to 1.1290 ( It can stuck on 1.1263 before )
Take in mind if 1.1294 broken by 1 pip we continue to 1.1330.
I am very excited of this happening, because Major TP is 1.1130 for now, and this minor long will give me a chance to add 2nd sell from top! For better confirmation watch 1.1211 not being reached before it goes up!
Once market will open I will open Immediate BUY with BE.
When ( if ) top reached, 2nd sell comes in role!
Take care traders, this is just an idea, so make your own plan and trade your own plan!
Whatever happens it will go down to end the monthly phase, ( look my other ideas regarding phases on this pair )
Cheers.
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Eurusdbreakout
Still in short. EUR/USDHello!
We are still in short since we took the trade without Stop Loss, and our TP 1.1249 is still in game, so we will open second short soon!
This is weekly trend finder!
Levels to monitor:
For upward going - 1.1558
For Downward going - 1.1358
Let's see what happens!
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Daily Template 1 EUR USD 25.04 Bears are coming!Hello!
See related Idea with new Weekly Trend identifier template for EUR USD. It is indicating Bearish pressure as well!
We are ready for short at any moment, no longs at this time on this pair! The best case scenario is that it goes up now, to DSRA and we could sell from there, but still have to monitor levels!
Levels upside to monitor - 1.1322
Downside have to break 1.1212, then monitor 1.1122!
Stay tuned, I will update this idea, when we take short. EU will give us some money this week too!
Best Regards!
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Bears Get Ready. Weekly Template. Indicating Sell.Hello!
First to understand a little more, see related Idea, template for last week!
As you can see it did break down the Weekly Sensitive Support area, and Reached Weekly Sentiment level!
New template shows us all Sentiments down, and EU is indicating that Bears are coming for it!
We see that Even Weekly Trend level is very low.
Now take in mind for Bears to get in Real action we have to break through - 1.1212.
For upside movement we have to monitor 1.1322
If we do break 1.1212 then next thing to monitor is 1.1122
Anyway, we are ready for shorts, we are under Bearish pressure on weekly and Daily Templates, and we will not go against the EU sentiment ( all pointing down )
It will be a great situation if it shoots up, we could sell from TOP.
So getting ready for Short at any moment!!
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Monthly Phase for Bears, EUR USDHello! Take a look at related Idea!
This was the last months Monthly phase target, and over 2 years of trading monthly phases never failed!
Monthly phase price has to be reached during the month!
In this case, Price has to break confirmation level which is 1.1213 by 21 pip, therefore Sell starts from 1.1192.
This is monthly phase number for bears. If breaking happens we will see this last number which is TP.
See related Idea. And take in mind if 1213 broken, then 0879 will be reached till the end of the this months last day, no matter what, like it did last month.
I will post later the Phase for Bulls as well and lets see what happens and which Phase takes in place!
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Daily Template 2. EUR USDHello!
These are simple swirl levels, with simple yet powerful trading opportunities. I will update during the day, where will be opened positions and TP's, if EUR USD interacts with these levels.
Yesterday we made nice short and TP was hit.
Trading rules are simple, if eurusd breaks one of these levels up and down or down and up by 5 pips ( without touching the next level ), we wait for it to travel away and look for entry. TP is the level that was broken down/up.
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Daily Template 2, EUR/USD 11.04.2016Hello!
Red Lines - Unconfirmed Level 1 / 2
Blue Lines - Level 2, Level 1.
If Price breaks one of Red Lines up and down/ down and up by 5 pips, without touching Red Line, then we wait for trade entry!
If trade will happen, I will update the chart!
You can download and learn more about this template in our website - www.tpparadigma.com
As well in our Forum Downloads page, there are Brief Description. Refer to Daily Template 2.
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Target EURUSD for 28.03 - 01.04Hello my friends!
Based on my calculations 1398 has to be seen during the time frame from 28.03 - 01.04.
If it does not happen I Abandon my system!
SL is very WIDE and I could drop it down more based on situation!
Fingers crossed!
My project is coming out soon and all of you will get the templates I am trading!
EUR/USD SHORT! Perfect Entry of the week #2!Hoped you liked the USDCAD! Here's another tight SL (3 pips this time!)
Started this one in the trading room chat live last Thursday, and had a perfect spot for a re-entry later on that day... Monitoring this closely with trailing SL's now as heavily in profit .. although it appears Gandalf did his job :)
To be clear this trade is very short term.
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EURUSD - ENTER LONG AGAIN?Another day - still in the same range
I think it should be pretty clear if you look at this EURUSD chart, support level tested 3 times on 1H TF.
I'm expecting a break-out will see if its going to test the support one more time. i'll put in a pending buy order around the support line. There is U.S. news for tomorrow but i'm hoping to get in at the London open.
Beware that if it breaks thru the support level, that it still can retrace - i don't see any sign to go short but be prepared for every scenario! This time i wont give away my S/L and T/P
GL & HF
Forex Tips & Market Analysis - EUR/AUD SELL! SELL! SELL!EUR/AUD ( 4HOURLY )
SUMMARY:
The secondary trend of EUR/AUD is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4926 and support at the level of 1.4842. If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in itsnegative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY:
EUR/AUD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
100% on Tradingview so far... Hope you enjoy this, as usual let me know how you get on!
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100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016
The primary trend of EUR/USD is bullish on charts and price is trading above the trend line in its daily chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.12750 and support at the level of 1.12232. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
EUR/USD
RECOMMENDATION BUY TARGET 1.12750
The Major trend of Euro it is showing strength for buying If it crosses the resistance level then one can initiate buying position in the pair . If it crosses the level of 1.12689 then it can test level for the target of 1.13000 with second target at 1.1430 with the stop loss 1.1175.
CHART FORMATION:-
Euro is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Eur is trading above the 50 DMA with a negative bias.
INDICATORS:-
RSI is trading near to 65 levels with a positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustained above the zero level line.
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Analysis and forecasts for EUR / USD 02/03/16The outlook for EUR / USD:
The currency pair is currently in a rather interesting place, just below the upper limit of consolidation (1.0945 level). Demand side stands a fair chance of fracture resistance and lead to increases in the vicinity of 1,0970-90. Further towards 1,1025-50. However, if there is no attempt to break away from the trend and demand side can not beat the 1.0945 level, the supply side should take the initiative (to break the 1.09 level) and push the exchange rate, even in the vicinity of 1,08-1,0810 level. That's all I can currently write about the main currency pair.
Analysis and forecasts for EUR / USD 01/28/16The outlook for EUR / USD:
On Wednesday, there was an attempt to breach the resistance at 1.09 but without success. At the moment there has been a breaking of the downward channel, but it could be another false breakout. Therefore, we should consider the analysis of two ways.
If you believe that the breakout is actually in the coming hours, the course should turn around in the vicinity of the upper limit of the channel (1.0845) and the demand side will head back toward the 1.09 level and 1.0945. (There is a possibility that further increases will occur from the current price level, towards the level of 1.0945). Please note that we are still in sideways and just beat the 1.0945 level, will indicate the direction in the medium term.
Alternative Version assumes that Wednesday's killing was a trap, and once again the supply side will lead to a return to the interior of the channel. In this case, the aim seems to be a level of 1.08 in case of his defeat support at 1.0778.
Analysis and forecasts for EUR / USD 01/27/16Before us the most important figure of this week due to a Fed meeting.
Along with the writings of the meeting, the Federal Reserve will release its decision on interest rates. Members of the Fed will leave interest rates unchanged and certainly will refer to external factors that may affect the pace of raising interest rates in the future. Whereas falling oil prices and the situation in China, it seems probable that the Fed members will reject the fast pace of interest rate increases.
After the recent market turmoil, analysts assume the next hike until June.
The outlook for EUR / USD:
The technical situation on the main currency pair remained virtually unchanged. Eurodollar has long been moving sideways, waiting for a signal for further direction. According to me the signal to stronger traffic can be records of the meeting of the Fed.
If there is a break through 1.0945 level demand will have an open path to higher price levels. In this case are possible increases in the vicinity 1,0980-90 or even 1,1025-50.
In the second case, if the supply will lead to break support at 1.08 and 1.0778 supply should head for the support 1,0680-1,0715. At this level, it will be possible rebound declines.
In my opinion, the downward variant is more likely.