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EURUSD trade ideas

How to Draw Trendline in Changing MarketHey Traders so here I wanted to illustrate how you catch the change from Uptrend to Downtrend on the charts. You never know for sure if the trend has completely changed but basically look for 3 bars that you draw a straight line and connect them together. You don't need indicators you just need to be able to draw a straight line. Buy or Sell when market touches trendline. Technical Analysis is a little bit like Art but alot of time it can work really well if you draw correctly! So in uptrend you would be buyer at the trendline. In downtrend you would be seller at the trendline. Always use Risk Management! (just in case your wrong in your analysis) Hope This Helps Your Trading Clifford
Education
by TradeTheIndex
3
EURUSD: 4H Death Cross to push Channel Down much lower.EURUSD has turned neutral on its 1D technical outlook (RSI = 54.499, MACD = 0.002, ADX = 31.600) as the price approaches the top of the 1 month Channel Down. A rejection and LH is expected soon that will initiate the new bearish wave. The last one was -4.45%, so that gives a TP = 1.0900, which falls right on the S1 level and the HL trendline from the February 3rd low. Keep in mind also that the market formed the first 4H Death Cross since February 10th. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
EUR/USD attempting to break higherThe EUR/USD is looking quite interesting as it tries to break out from a continuation pattern to the upside. So far, we haven't seen strong upside follow-through, which could be concerning for the bulls. Nevertheless, if it manages to break above the trend line of the falling wedge pattern, then this would suggest that the short-term path of least resistance is again to the upside, following a period of consolidation. From there, we could be heading up towards 1.1380, which is the next level of resistance on the daily chart. Above that, 1.1500 is the most significant resistance to watch on EUR/USD. By Fawad Razaqzada, market analyst with FOREX.com
by FOREXcom
May it continue to rise!During the European session, EUR/USD broke above 1.1250, extending its second consecutive daily gain amid U.S. dollar weakness following Moody’s rating downgrade. UOB Group FX analysts Quek Ser Leang and Peter Chia noted that after days of range-bound trading, EUR rose to 1.1288 yesterday. However, the increase in momentum is insufficient to signal sustained progress. The euro must first decisively break above 1.1290 to have a chance of rising to 1.1330. Currently, the likelihood of a clear break above 1.1290 remains low, but as long as the pair holds above 1.1165, an upward move in the coming days is plausible. In the market, there are no absolutes, and neither upward nor downward trends are set in stone. Therefore, the ability to judge the balance between market gains and losses is your key to success. Let money become our loyal servant.
Long
by Ashbur
2
EURUSD Trade Idea – Two Scenarios to WatchPrice is currently hovering near key resistance around 1.12619. Two possible outcomes to anticipate: 🔹 Scenario 1 (Bullish): If price holds above the 1.12400–1.12600 zone, we may see continuation to the upside toward the next key resistance at 1.13199. 🔻 Scenario 2 (Bearish): If price gets rejected from this resistance zone and breaks below 1.12189, downside continuation is likely with potential target around 1.11762. 🔍 Waiting for price confirmation before taking a position. Both paths are valid — plan accordingly.
by dannyrahadian
2
Trade Setup Summary – USDEUR (U.S. Dollar / Euro)!📈 Chart: 30m timeframe 🔺 Pattern: Symmetrical Triangle Breakout (Bullish Setup Attempt) You’ve drawn a clean symmetrical triangle and price is currently testing the breakout zone. 📍 Entry Zone: Around 0.8876 Reason: Price is at the apex of triangle, possible breakout forming. 🛑 Stop-Loss (SL): Around 0.8855 Below lower triangle boundary and horizontal support 🎯 Target Levels (TP): TP1: 0.8926 (Red resistance line) TP2: 0.8956 (Yellow zone – minor supply) TP3 (Optional): 0.8984 (Major resistance zone) ⚖️ Risk/Reward Ratio: Targeting ~1:2 if trade hits TP1. Even better if extended to TP2 or TP3. 🧠 Technical Highlights: Price compression inside triangle shows reduced volatility. A breakout above the triangle would indicate strength. Horizontal support (green line) holding for now. Volume not visible but could confirm breakout strength. ✅ Bias: Bullish above 0.8875 breakout and triangle confirmation Bearish below 0.8855 (failed breakout)
Long
by ProfittoPath
EURUSD 4H Short📘 Educational Caption for Your Trading Chat 🟥 EURUSD 4H Short Setup – Smart Money Play I'm shorting EURUSD from 1.12616, after a clear Break of Structure and a return to a premium supply zone. 🔻 Price grabbed liquidity above equal highs and rejected off the descending trendline, giving strong bearish intent. 📉 Entry: 1.12616 🎯 Target: 1.11595 🛡️ Stop Loss: 1.12954 ⚖️ Risk-Reward Ratio: ~1:3.1 This is a classic Smart Money Sell Model — BOS → Return to Supply → Premium → Liquidity Sweep → Entry. 🚨 Note: Trade setups are for educational purposes only. Always do your own analysis and manage risk wisely.
Short
by sksglobaltraders24on
THOUGHTS ON EUR/USDEUR/USD 15M - Since price has broken structure to the upside on the higher timeframes, we have seen price now trade us back down to set a higher low. Whilst price is doing this it looks to be accumulating. Above you can see price ranging, whilst price is ranging we are seeing price develop higher highs, this tells me strength is building in Demand, giving us more confluence to suggest an accumulation. I have gone ahead and marked out the last protected high within the bearishness that price trade into the most recent area of Demand, once we see price break that high I will be looking for entries on this market. We will want to see price trade us lower, down and into a valid area of interest, this will be found from the impulse that broke the structure fractally. Once we have an area, we wait potentially and we enter based on a penetration and rejection.
Long
by Lukegforex
EURUSD is moving within the 1.10850 - 1.13000 range👀 Possible scenario: The euro rose 0.69% against the U.S. dollar on May 19, as the greenback weakened after Moody’s downgraded the U.S. credit rating—echoing earlier moves by Fitch and S\&P. The downgrade revived concerns over U.S. fiscal stability and sparked renewed selling pressure. Treasury Secretary Scott Bessent’s warning about potential tariff hikes if trade talks stall added to investor caution, raising geopolitical risk and weighing on the dollar. On May 20, markets will watch the U.S. Consumer Confidence report (2:00 p.m. UTC), global trade developments and peace talks in Eastern Europe. ✅ Support and Resistance Levels Now, the support level is located at 1.10850. Resistance level is located at 1.13000.
by MaxOnMarkets
What Is the ICT Silver Bullet Strategy, and How Does It Work?What Is the ICT Silver Bullet Strategy, and How Does It Work? The ICT Silver Bullet strategy offers traders a unique approach to capitalising on market opportunities during specific trading hours. This article explored this advanced strategy, explaining the role of fair value gaps, liquidity, and timeframes and how to implement it. Understanding the ICT Silver Bullet Strategy The ICT Silver Bullet trading strategy is a sophisticated trading methodology developed by Michael J. Huddleston, known as the Inner Circle Trader, or ICT. This strategy is designed to capitalise on specific, high-probability trading opportunities that align with certain times throughout certain sessions, specifically the London and New York sessions. Central to the ICT Silver Bullet strategy are two key concepts: liquidity and fair value gaps. Liquidity in this context refers to places within the market where there is significant trading activity, often indicated by previous highs and lows of a trading session or historical price points that attract significant interest from traders. Fair value gaps are price areas that were either skipped over quickly during rapid price moves or areas where the price has not returned for a significant period, reflecting a disparity between perceived value and market price. The strategy's effectiveness hinges on executing trades during specific one-hour windows known as Silver Bullet times. By focusing on these concepts and timings, traders can more accurately analyse market movements and align their trades with the influxes of smart money, potentially improving their returns by catching swift moves towards liquidity points. Key Components of the Strategy The Silver Bullet ICT strategy employs a detailed approach to trading that revolves around understanding market dynamics at critical times. Here are the key components that define this strategy: Fair Value Gaps A fair value gap (FVG) occurs when the price quickly moves away from a level without significant trading occurring at that price, leaving a "gap" that is likely to be tested again when the price returns to this point. In the context of the ICT Silver Bullet strategy, these gaps are targeted because they represent potential inefficiencies in the market where the price may return to balance or fill the gap. Traders using this strategy watch these gaps closely as they often present clear entry points when approached again. Liquidity Targets Liquidity targets are essentially areas where there is expected to be a significant volume of orders, which can lead to particular price movements when these levels are approached. These include: - Previous session highs and lows: These are often areas where stop-loss orders accumulate, making them prime targets for liquidity-driven price moves. - Swing points in the market: Key reversals and continuation points that have historical significance. - Psychological levels: These include round numbers or price levels ending in '00' or '50', which often act as focal points for trading activity. Specific Trading Times Unlike many strategies that align strictly with market opening times, the ICT Silver Bullet trading strategy utilises specific one-hour windows during the day when liquidity and volatility are expected to be high due to trader participation across the globe. These Silver Bullet hours are strategically chosen based on their potential to tap into significant market moves: - London Open Silver Bullet: Occurs from 3:00 AM to 4:00 AM Eastern Standard Time (EST) in winter and from 2:00 AM to 3:00 AM in summer, which is 8:00 AM to 9:00 AM Greenwich Mean Time (GMT) in winter and 7:00 AM to 8:00 AM in summer. - New York AM Session Silver Bullet: From 10:00 AM to 11:00 AM EST, translating to 3:00 PM to 4:00 PM GMT. - New York PM Session Silver Bullet: From 2:00 PM to 3:00 PM EST or 7:00 PM to 8:00 PM GMT. These time slots are selected based on historical data showing heightened trading activity and, therefore, increased opportunities to capture moves towards identified liquidity targets. Implementing the ICT Silver Bullet Strategy Traders utilising the ICT Silver Bullet strategy typically prepare by marking potential fair value gaps and liquidity targets before these key trading times. As these windows approach, they monitor price action closely for signs that the market is moving bullishly or bearishly toward these liquidity points, enabling them to search for an entry. Note that because this is an intraday strategy, ICT says it’s better to use a 15-minute timeframe or lower. Most traders use the 1-minute to 5-minute for the Silver Bullet setup, though those inexperienced with the strategy may prefer the 5-minute. Here’s a breakdown of the strategy: Entry - Market Direction and Liquidity Analysis: Before the designated Silver Bullet timeframes, traders perform a detailed assessment of the market direction on higher timeframes, such as the 15-minute to 4-hour charts. This initial analysis is crucial to align their strategies with the market's overall momentum. - Identifying Key Liquidity Points: Traders also mark significant liquidity targets during their analysis, such as previous session/day highs and lows. These points are expected to attract significant trading activity and thus are critical for planning entry points. - Formation of Fair Value Gaps (FVG): During the Silver Bullet hours—specifically from 3:00 AM to 4:00 AM, 10:00 AM to 11:00 AM, and 2:00 PM to 3:00 PM EST—traders watch for the market to approach these liquidity points and leave behind a Fair Value Gap. This movement is essential as it indicates a potential inefficiency in price that the market may seek to correct. - Setting Limit Orders at FVGs: Once an FVG is identified, traders set their limit orders at the boundary of the FVG closest to their intended trade direction. If aiming for a long position, the order is placed at the top of the FVG; for a short position, at the bottom. This method allows traders to potentially enter the market as it moves to 'fill' the gap, aligning with the initial momentum assessment and the subsequent market reaction to liquidity levels. Stop Loss - Initial Placement: Traders typically place stop-loss orders to potentially manage risk tightly with respect to the FVG's structure. If trading long, the stop loss might be set just below the low of the candle that forms the FVG; if trading short, just above the high. - Swing Points: Alternatively, stop losses might also be placed beyond recent swing highs or lows, providing a buffer against market volatility and minor fluctuations that do not affect the overall market trend. Take Profit - Targeting Liquidity Points: The common practice for setting take-profit points involves aiming for the next significant liquidity target identified during the preparatory phase. - Risk-to-Reward Considerations: Many traders set their take-profit goals based on a calculated risk-to-reward ratio, often aiming for at least a 1:2 ratio. This means that for every unit of risk taken, two units of reward are targeted. In terms of pips, traders generally look for at least 15 pips when trading forex and 10 points in indices. EUR/USD Example In the provided EUR/USD chart example, a detailed analysis of higher timeframes has established a bearish outlook. Consequently, the focus is on identifying short trading opportunities while disregarding potential long setups. During the 8:00 AM to 9:00 AM GMT window, there's a noticeable Fair Value Gap (FVG) that forms following a swift rejection from an upward move. This price action reflects a viable entry point for a short position. Traders could place a limit order at the bottom boundary of the candle that initiated the FVG, with a stop loss positioned just above the candle's high or the nearby swing point high, depending on their risk tolerance. The target for this trade is set at the previous day's low, which is reached and prompts a short-term reversal in price direction. Later in the day, between 7:00 PM and 8:00 PM GMT, another FVG develops. Following the same principle, we can enter at the bottom of the FVG. Setting a stop loss above the swing high is considered more prudent than directly above the candle high, which in this case would likely lead to a stop-out due to the tightness of the entry. Since the previous day’s low has already been reached earlier, the next logical target is the low of the US session, aligning with the day's bearish momentum. The Bottom Line The ICT Silver Bullet strategy provides a precise framework for traders looking to exploit specific market conditions tied to the rhythmic movements of liquidity and price during crucial trading hours. By focusing on fair value gaps and strategic entry points, traders can align their actions with significant market forces. FAQs What Is the Silver Bullet Strategy in Trading? The Silver Bullet strategy in trading is a specific, time-sensitive approach designed to capitalise on liquidity and fair value gaps that typically form during key periods of market volatility. Developed by Michael J. Huddleston, also known as ICT, it aims to take advantage of the movements that occur when the market reacts to these gaps during certain hours of the trading day. What Time Is the Silver Bullet Strategy? The Silver Bullet strategy is executed during three distinct one-hour windows corresponding to heightened market activity periods. These are: - London Open Silver Bullet: Occurs from 3:00 AM to 4:00 AM Eastern Standard Time (EST) in winter and from 2:00 AM to 3:00 AM in summer, which is 8:00 AM to 9:00 AM Greenwich Mean Time (GMT) in winter and 7:00 AM to 8:00 AM in summer. - New York AM Session Silver Bullet: 10:00 AM to 11:00 AM EST (3:00 PM to 4:00 PM GMT). - New York PM Session Silver Bullet: 2:00 PM to 3:00 PM EST (7:00 PM to 8:00 PM GMT). How Long Does Silver Bullet Last? As an intraday trading strategy, the Silver Bullet targets quick, short-term trades within specific one-hour windows. The trades are typically intended to be closed by the end of the trading day, capitalising on rapid movements towards and away from liquidity points. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1
EURUSD: Weak Market & Bearish Continuation Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURUSD pair which is likely to be pushed down by the bears so we will sell! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️Please, support our work with like & comment!❤️
Short
by UnitedSignals
1