Eurusd looks like a great short to me and is due for retracementafter analyzing both eurusd and the E61!/DXY chart i have decided to start a short position. looking for three tp levels in the near term- 1.20428 tp1 1.19712 tp2 and tp3 for the week is 1.18555. i am using fibonacci pivot points and a E61!/DXY divergence. Also an alost oversold stochastic. Will enter if resistance 1 is rejected and also when pivot point is crossed.
EURUSD1! trade ideas
Neutral trade on the Euro (Skewed Strangle)The Euro have been on a tear and is due a correction. However I think it will be slowly and gradually start a new range, giving us time to take profit of a volatility contraction.
With 50 days to go I am selling a strangle of the DEC17 Euro Future Symbol /6EZ7. I am giving me some more space to the downside skewing the Strangle a little bit down to around the 20 delta and around the 35 delta to the upside.
The trade:
Sell 1.155 Put
Sell 1.195 Call
Max win $1,625
Expiration date 10/7/2017
Short EuroBull Trap for attempted breakout. Cumulative volume is lower on the weekly chart. Price is also at pivot level that projects way back in time - see the line?
Ascending Channel / Canal AscendenteActivity of technical analysis positions in tradingview,
In the ETF's market,
Activity 12. Ascending or Descending channel
Ascending channel is identified in the graph,
Observations:
The trend line is shown in pink
The main support and resistance lines are detailed in black
-------------------------------------------------------------------------------
Actividad de posiciones de análisis técnico en tradingview
En el mercado de ETF,
Actividad 12. Canal ascendente o descendente
Se identifica canal ascendente en el gráfico,
Observaciones:
La línea de tendencia se muestra en color rosado
Las líneas de soporte y resistencia principales se detallan en color negro
Alexis Contreras
Student / Estudiante Tecnologia_Financiera
EUR/USD (EUR Futures CME) Sell Limit 1.17950, 1.18950EUR/USD (EUR Futures CME) - E6Z2017 (Contract December 2017)
Sell Limit 1 - 1.17950
Sell Limit 2 - 1.18950
Take Profit - 1.14950
Stop Loss - 1.21750