SMIdeas

SMIdeas

Significant ATH with a nice wick of the 1H candle left. Bad fundamentals for EU this morning. Correction time. 1:10 RR. Stop loss a bit above the high as sometimes bigger shadows are created, plus we have an event in the afternoon. Good luck

SMIdeas Updated 

Hit one SL today, now entering a second time. Rejection from High. Fundamentally report that does not favor indexes going up. Taking things from there. RR 1:8

SMIdeas Updated 

Statistically second half of February, even in a Bullish market is bearish until approximately the middle of March. We are at all time highs, and a healthy correction of 3% to 5% is normal. Entry is any point from now onwards and we are targetting good RR. First zone is 1:5 from this point right now.

SMIdeas Updated 

Technological companies are suffering. Stocks are falling. Classical Bullish trap. Also keep in mind that Indexes correct statistically in February. Time to fall down. We will take it on intraday trades. In the trade with SL at 17850. RR 1:5

SMIdeas Updated 

After our first idea achieved its goal the entry point is valid right now as well for continuation of the fall. Going in again for RR 1:5

SMIdeas Updated 

For a long time smart money has been waiting to take out the 17000 liquidity zone. Went in, and was rejected by a long body wick on the 1H time frame. Today it reached new highs at 17050. There is nothing neither technically, or fundamentally that should keep the index going up. Earnings season is over. Germany farmers are protesting. Inflation is high....

SMIdeas Updated 

EURUSD has been sideways moving looking at the Daily timeframes. Always remember, strong USD is not good for the US economy. Short term Buy and then waiting for breakage of zones above. Good 1:10 RR (Risk Reward) - put your SL properly below the lowest zone. VOlume decrese confirmation regarding that as well.