TP5 @ 1.1200
TP4 @ 1.1120
TP3 @ 1.0985
TP2 @ 1.0895
TP1 @ 1.0766
BSO2 @ 1.0635 ⏳
BSO1 @ 1.0555 ⏳
— This is our 2nd attempt at catching the beginning of EURUSD returning to it's Big Picture uptrend.
— Although there was no HIGH IMPACT News for the EUR or the USD, the "bears" continued to push Price Action so far down that it reached our Pivot Low, which was also our SL @ 1.0516.
— Since I'm still seeing the possibility of the Big Picture uptrend starting from here, I'm going to restart this pair with the same coordinates.
— We have two options: (1) Market Order Long or (2) wait for one of the above Buy Stop Orders to trigger and use that as confirmation of the uptrend.
🙏🏾 I'm still holding my long positions, so let's really hope this works
TP4 @ 1.1120
TP3 @ 1.0985
TP2 @ 1.0895
TP1 @ 1.0766
BSO2 @ 1.0635 ⏳
BSO1 @ 1.0555 ⏳
— This is our 2nd attempt at catching the beginning of EURUSD returning to it's Big Picture uptrend.
— Although there was no HIGH IMPACT News for the EUR or the USD, the "bears" continued to push Price Action so far down that it reached our Pivot Low, which was also our SL @ 1.0516.
— Since I'm still seeing the possibility of the Big Picture uptrend starting from here, I'm going to restart this pair with the same coordinates.
— We have two options: (1) Market Order Long or (2) wait for one of the above Buy Stop Orders to trigger and use that as confirmation of the uptrend.
🙏🏾 I'm still holding my long positions, so let's really hope this works
Note
Alternatively, we can use the following Buy Stop Orders:BSO4 @ 1.0635
BSO3 @ 1.0600
BSO2 @ 1.0555
BSO1 @ 1.0525
Note
📈 FINALLY!! The EUR News is moving price in our favor.👀These Market Makers really had me "stressed out" about this uptrend...lol
Note
📈 BSO2 @ 1.0555 has triggered. I'm going to hold it and "ride the wave"
🚫 Stop Loss Modified @ 1.0527 for BSO1
📈 New BLO @ 1.0507 in case Price Action pushes all the way back down
Note
🚫Stop Loss for BSO1 has triggered for a +2 pip profit
🙏 I'm still holding BSO2 @ 1.0555 (in drawdown) and I have a pending BLO @ 1.0507
Trade active
✨ EURUSD...UT (6m) ✨
Major Resistance @ 1.0625
— possibility Price Action will pullback from here
— I'll be shaving 50% of my position at that price
Minor Demand Zone @ 1.0595
Major Support @ 1.0561
— possibility Price Action will return to its uptrend from here
— There's also a Demand Zone @ 1.0565
🚫 +SL Modified @ 1.0558 (+3 pips above entry)
— Modifying our Stop Loss above our entry protects our principle
— This is NOW a no risk trade‼️
Note
✨ UPDATE ✨
EURUSD...UT
(aggressive risk)
BSO2 @ 1.0546 ⏳ (add-on)
+SL @ 1.0527 🚫
BSO1 @ 1.0525 📈
ADDITIONAL INFO:
🚫 +SL @ 1.0558 has been triggered for a +3 pip profit
🤔 This news surrounding the US Government shutdown has caused Market Makers to scramble to try and find trade deals
📉 As a result, we're experiencing high volatility
📈 If the Support Range from 1.0533 up to 1.0542 holds, then I'll be taking a chance with the above BSO
Note
📊 Next Support Level appears to be 1.0503Note
✨ NEW: EURUSD BUY SETUPS ✨
EURUSD...UT
(aggressive risk)
BLO2 @ 1.0510 ⏳
BLO1 @ 1.0500 ⏳
-SL @ 1.0480 🚫
ADDITIONAL INFO:
🚫 +SL @ 1.0527 has been triggered for a +5 pip profit
📈 If the Support Range from 1.0490 up to 1.0495 holds, then I'll be taking a chance with the above Buy Positions
Note
-SL @ 1.0480 triggered for a -20 pip lossI still see a BIG PICTURE uptrend.
Standby for a new uptrend opportunity.
Professor C. E. Ward
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Professor C. E. Ward
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.