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Daily EUR/USD trades
- Thread starter romik
- Start date
Quote from tacmot:
Short EUR/USD at 1.3168, target 1.3130, stop 1.3190. This is a system based trade, tacmot
Interesting, I see more upside on 30&60 min charts though, mind you if daily is driving this pair down at the moment, then 30&60 chart's signals might be failing on the long side.
Quote from tacmot:
Romik, nice move so far on EUR/USD, tacmot
So far yes, but I prefer divergence on 30 and now failure swings on hourly chart. So shorter TFs would be best used as trigger points for long entry IMO, but if this pair is now bearish based on daily, then short is obviously the way to play this intraday.
1.3083 on daily's provided support, if it fails then I would say next stop would be 1.3027 - 1.2957. Weekly chart might end up with a full BRD. This is definitely not the right time to play this pair long, unless fishing for 10-20 pips IMO. I might take some shorts of shorter time frame.
Quote from tacmot:
Currently running small long position on EUR/USD at 1.3108, target 1.3122, stop 1.3082.This is a 5 minute system trade, tacmot
yes, I agree with on short time frames, small targets. Will you be trading during CPI report, I think it's going to be very volatile market for us mortals. I had to close my long from yesterday for -78 pip loss. It's just nor here nor there as far as I can see it, especially when looking on daily vs weekly.