Daily EUR/USD trades

I think that lots of the traders will go down in the next couple of weeks for holding dollars (long)...
just try to remember what happened last year and a year before that... when we get to Christmas time Americans are out there shopping with whatever they got add the fact that the Democrats rise has negative effect on the dollar we should probably see the Euro breaks the 1.30 towards 1.34-5 in up to 1-2 months…
Mark my words…
 
With all due respect, personally I have no interest in any other reasons for trading this pair apart from TA :) as everything else is pure assumption and hearsay.

Ivanovich, where art though? Still looks like a decent enough short, apart from that bull flag, still keeping an eye on a possible break of 1.2968
 
just to prove that i know something about forex please check AUD/CHF (long) current price is 0.9460 and it will go up 100-200 pips by the end of next week...
also take a look at the GBP/NZD for a long trade... (2.8600)

my Net P/L is remarkable for the last couple of years i made 150% on my initial deposit so please do not underestimate me just because i come from the holly land... ;)
 
"I have no interest in any other reasons for trading this pair apart from TA "

Aw c'mon - you mean you don't put ANY credence at all in the "friend in the Pentagon" thing?

Not even a little .... ???
 
Ok prove me that you know how to trade...
give me a good advise and i will try it...
if it is a good one and i make a profit trade i will honor you as a guru of mine....
in the meanwhile i just ask you to look at my suggestions and let me know what you think...
 
Quote from Andriy:

"I have no interest in any other reasons for trading this pair apart from TA "

Aw c'mon - you mean you don't put ANY credence at all in the "friend in the Pentagon" thing?

Not even a little .... ???
More...

Normally, that's exactly how BS rumours start spreading around, I have no interest in that, it's for suckers.
 
Quote from romik:

Currently short 1.2951 with stop 1.2985. Entry based on the failure swing/double top in hourly RSI and a BRD in MACD. Chart will follow...

I have been looking at all time frames and I understand the bullishness in Euro which is still there, I can't ignore 1.2979 still providing resistance on the other hand. We do have a bull flag visible on 15 min chart pretty clear, so I guess my plan of action would be as follows. If price goes down to lower trend line of the flag I will be looking to cover there and possibly reversing position for a long Euro. If I don't get that chance, then I will be looking for a break of 1.2968 to initiate a long position.

It does look like an either way gamble at the moment, to me.
More...

Reversing position here 1.2968, going with daily chart, long grails everywhere.

Net PnL: -17 pips
 

Attachments

Quote from romik:

Reversing position here 1.2968, going with daily chart, long grails everywhere.

Net PnL: -17 pips
More...

OK, trade closed for -9 pips. This is not the right time to enter this pair, either way, as I anticipated, I've rushed these 2 trades. I won't do any more trades until there is resolution to the current H&S and/or 1.2979. Going Long at this level is 'suicidal' considering the distance from lower trend line and shorting into strength of an ascending triangle can also be pretty punishing.

So, I am going to sit on my hands for now.

Net PnL: -26 pips
 
Quote from romik:

Long 1.2993 breakout from 1.2979
More...

Closed 1.3081 +88 pips

Net PnL: +62 pips
Winning trades: 1
Losing trades: 2
Running P/F: 2.38

Waiting for re-entry on 1 & 3 minute charts now. Keeping an eye on longer TFs, but with broken 1.2979 resistance next resistance is @ 1.3124
 
You must log in or register to reply here.
Back
Top