USDEUR
Long Position in Daimler InitiatedOn Friday, I initiated a long position in Daimler at the close. Considered waiting for the stock to drop to around 67.18 but was not willing to risk the market getting away over the weekend. The decision to invest in Daimler came from a thorough review of their financial statements and ratios. DDAIF has been on a Price to sales decline over the last 4 years and has been hammered this year from trade concerns. Though trade concerns could cause this trade to go against me, I believe that the trade war headlines are over emphasized and merely just to written to grab readers and sell newspapers. Furthermore, a correction in the USD is looming; having rallied about 7-8% this year a reversal to a historically average exchange rate will be a major benefit to this trade.
Support:67
Just broke 30 day moving average
Just broke two month resistance
Target: 77
Stop loss: down 3%
Expected hold: end of year
DXY and EUR/USD - Quick education!Hey tradomaniacs,
just a chart that shows all what I wanna say. :-)
Just for those who didn`t know.
The Dollar-Index is a currency basket which compares the USD to 6 other currencys.
AS you can see, the EUR/USD has 57,6% (since 1999) of that basket and basically turns that basket into a
USD/EUR currencypair. ;-D
Just check it out :-)
Peace and good trades
Irasor
[EUR/USD] Short Opportunity -2.67% R/R: 2.44EURO / USD Near Short Opportunity
Why?
~Bearish candles with big volume on rejection showing price can't go much further
~Bearish divergence on RSI
~Yume looking to twist on rejection by Miaku line
~Confirmation of break over trendline, with pullback to under the trendline
To be traded on 1-10x leverage. Depending on stack size.
Message me if you want to join a private trading group.
Xander~
This is NOT a buy OR a sell signal.
I'm not a financial adviser and nothing I say is a fact.
Any losses made through these decisions do not hold me accountable.
You should never invest more than you're willing to lose.
EURUSD motion channel supports and resistancesEURUSD daily chart
I expect it to move between the blue lines 1 and 2 in the short time (strong possibility)
Otherwise it will fall the red support line (Weak probability)
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired expression..Just watch the chart, not what I write. :)
PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
EURUSD fall analysis on H1 chartEURUSD H1 chart
Indicators indicate that transactions will be mostly by sales
Therefore, a further decline can be expected.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .