1.1540 could get another visit ... EU loves ranging ... Draghi does not seem to have caused any turmoil from his usual short visit out of his coffin within the ECB cellar
1.1540 could get another visit ... EU loves ranging ... Draghi does not seem to have caused any turmoil from his usual short visit out of his coffin within the ECB cellar
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I know ,, but sometimes like say 30% of the time out of a year ,,you get shit like in the circle to the left ,, may come back for after it rips for a few days ,, this one looking like a 3 banger lol,,, daily 200 ema ,,sma and yearly average price and oh yea a previous quarterly high all pulling like a magnet right now and the iron is hot
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Sold 1.1534, attended to some pregnant woman. After she left I checked chart. 10 pips profit on each of three accounts and I jumped out. This area is risky and moreover N.Y. may spike to get some sells filled in (that's if they want to sell). And oh! Powell today again!
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Closed - 15 pips.
Trying new long at 1,1524.
SL at 1,1510.
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Ah that what it wants one to think ,,,, creeping up creeping up ,,,,then wham a new low lol nice little flag developing on the hourly and no hourly close above the 8 hour average as off yet been a down day so far
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USD rising at the moment, wait here with shorts...will fall hard later today.
Yes, i say we will see 1,1506 later today here.
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EUR/USD
Resistance and Supporting
Resistance 1 - 1.1597
Resistance 2 - 1.1639
Resistance 3 - 1.1720
Supporting 1 - 1.1473
Supporting 2 - 1.1392
Supporting 3 - 1.1350
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Hanif484 (2019-01-10), Mureedabbas (2019-01-31)
LOL don't call me that. I read your posts you're a far better trader than me brother. I scalp on M5 but I pay attention to higher timeframes for trend/sentiment. Indicators I use Ata's lwmas, I have my Stochs set at 15,5,5 thanks to Dingoman, I have RSI and A/D at default settings
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this is my analysis for EURUSD pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 1.1547 and the pair will continue to go up to the next resistance level at 1.1572
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 1.1542 , stop loss at the level 1.1507 target take profit at the level 1.1587
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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Ahh shucks just came back from dinner with the missus to see that I missed a nice exit for the THIRD time today ): In any case, SL moved to 1.15339 (+10 pips locked).
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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