NidalDarawsheh

NidalDarawsheh

wait and see or take it on approach, targets 1.5320 - 1.550

NidalDarawsheh

daily trend is pointing south, short positions are placed below 1.5, price trades around and flirts with a yearly critical area (please see links below), for 2 weeks bears could not push the price lower, I think it's about time go long. trade safely with a stop, and prepare to switch if price breaks and close below the 1.5 weekly charts also based on weekly...

NidalDarawsheh

price trying to retest weekly Feb 0.618 (1.57334)

NidalDarawsheh

my views about EURCAD still not changed it's a good buy with very low risk. if SL hit I am out of both trades. I have locked in some of the profit from the first trade.

NidalDarawsheh

Europe has more dead bodies in the closet than the USA, smart money took it's decision to continue selling on the 9th of OCT @ 1.6220

NidalDarawsheh

wait for an inside bar at the 15m for more conservative entry, I don't trade news by the way this is not trading idea just observation and testing

NidalDarawsheh

Please note that this is not trading recommendation of any kind, I am sharing this hoping for feedback. Happy trading

NidalDarawsheh

Despite the dive that the pair took last week, Sept. numbers from CFTC shows the pound as if it’s the last man standing against the dollar awaking, while EUR, CAD, CHF and AUD net positions favouring long USD, GBP longs stands net flat. Technically the pair is in a down trend and managed last Friday to close inside the triangle range that confined the price...

NidalDarawsheh

this is not trading recommendation, just an idea for my trading log.

NidalDarawsheh

-If price closes under the green trend lines (solid and dotted) idea is invalid. -Watch for a price action confirmation and/or price rejection from the 60ma