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Eurusdshort

EURUSD WEEKLY TRADE UPDATEhello trader quick recap frm last week The euro-dollar is consolidating in a range between 1.09295 and 1.08350 before making fresh lows at 1.08022 and 1.11433, respectively, and finishing the week at level 1.07924 and breaking the uptrend stucture Currently, the euro-dollar is trading lower, and I expect a support at level 1.07119. Given that there have been numerous rejections at that level in the past, breaking the support level could push prices farther lower, all the way to 1.0629. My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Short
by mytw0cents
EURUSD - Daily Trade Idea - 7-Feb-23EURUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
EURUSD - Daily Trade Idea - 6-Feb-23EURUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
[TRADE UPDATE] SELL Trade TriggeredThe news events this week finally give catalyst to hit the 1.10 mark as explained in my preious post this would likely be the area where buyers turned to sellers this exactly what occured. We got the pop up above 1.10 into the Weekly SUPPLY/SELL zone and then a SELL signale on the TRFX indicator to allow us to get into the trade the position is already up over 100 pips the target is the 1.06 area. Though I have already closed 50% of the position and moved the stop towards the entry price so no matter what happens with NFP today we will have made profit on this trade. For the exact reasons behind this setup please refer to my related post below. Don't forget to like and boost :)
Short
by TheFxAce
4
EURUSD DAILY TRADE Hi all As of right now, what I can tell is that there is a whipsaw pattern before the peak, with the highest price being 1.09308 and the lowest being 1.08350. I'm interested in trading at the levels 1.09031 and 1.09308. Before reentering the market, watch for a rejection at the 1.098533 level if the peak is broken. Share your thoughts My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Short
by mytw0cents