Selleurusd
EURUSD ShortHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around around 1.128 zone. We have 1.123 as a first station for scalping lovers, and 1.09 zone for swing traders. one of the reasons i'm thinking about this trade is the bullish momentum i've noticed on DXY chart. and fed Powell being Hawkish in order to control inflation is an important factor to take in consideration for USD bulls.
if you decided to go swing on this trade please wait for the perfect entry, and also use proper risk management, because swing movements are violent comparing to the movements in the short term. If you have any questions or looking for any update please don't hesitate to comment your opinion below.
Joe.
EURUSD shortHey Traders, in this week we're monitoring EURUSD for a swing selling idea around 1.16865 Zones, once we will see any bearish confirmation the trade will be executed.
Remember the importance of money management and risk only a small percentage of your account.
the number one rule: Risk Small, Aim big.
Joe.
EURUSDHey Traders, in this session we're monitoring EURUSD for a selling opportunity around 1.1598 area, i'm bullish on USD this week for most pairs, once i will notice any bearish confirmation the trade will be executed.
it's very necessary to take money management in consideration in this type of trades since market movements are more violent on bigger frames comparing to small time frames.
also remember to risk 1% of your account size at each trade. 1% means 100 losing trades in a row will knock you out from the market which more unlikely.
but if you trade without money management and you risk 20% 25% we're not talking about forex we talk about gambling and we talk about 4-5 losing trades in a row will knock you out from the market.
Trade safe, Aim big, risk small.
Joe.
Sell EUR/USD We are still in a bearish trend on the EUR/USD until the 11890 is broken and shows support. the recent strong move up suggests the start of a new buying trend but has stalled at this resistance level and shows rejection in the form of a pin bar on the daily chart. If it is the beginning of a new motive phase then we should see wave two pull back to the 50-61% fib anyway which gives us the opportunity for a 1:1.5 in the direction of the current trend.
Sell EURUSDit good for selling price because have confirmation in the trend line for sell in 1.18200 if you make line horizontally, and in zone blue, I think this for entry sell for resistant That is showing bearish indications and potential bearish continuations, completely opposite of what happened previously, before the sideways phase.