After a swing low at the end of the week last week, EURUSD is poised to go higher in this call I believe. Draw fib from the low of London Close to the High of the Asian session and you should get an entry at the 62% level, hopefully it get's a bit deeper to the 70.5% level . 1.17820 TO 1.17775 for a good daily move of around 40-60 pips.
Note
My personal path it will take. Trigger Buy stops just above the highs, pull back to take em out, make a strong move up. Then start retracing again before the NY Open for a second Entry Note
It nowhere near daily or 4HR resistance so I don't see a chance of a sell. But there is that daily swing low from a few weeks ago that Price is at that could cause it problems. I'm still gutting with a bullish call. Trade active
so far, sniper entry... but im hoping for a deeper retracement for a second with a larger lot size. Trade closed: target reached
Closing tradeNote
1.18 was price. Looking to possibly be the retracement zone to go short. So I wanted to stop While I was ahread in profit.Note
I saw a new resistance level that I didn't catch before at 1.18075. It looks like there's been a reaction off that level. Price dipped, then went back up as a retracement. I saw that unfold and quickly acted and sold. This is now what my position looks like and I apologize to anyone that may be trying to copy my trades. It's best you may not as I tend to do this a lot. Note
Entry was at 1.17989, SL 1.1815, TP is just below the London session low at 1.17630.Trade closed: target reached
Markets Unstable with Fed Chairman speaking. Closing while in ProfitNote
19.8 Pips Profit on the buy.13.3 pips on the sell.
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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.
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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.