EURUSD profit target reached once again, time to turn bullishBuy above 1.0711. Stop loss at 1.0622. Take profit at 1.0811.
Reason for the trading strategy (technically):
Price has reached our profit target for the 4th time in a row. We now turn bullish above 1.0711 support (Fibonacci retracement, horizontal overlap support, bullish price action, long term ascending support, USDCHF negative correlation) for a push up to at least 1.0811 resistance.
Stochastic (21,5,3) is seeing ascending support and bullish divergence signalling a bounce is expected.
Eurusddaily
EURUSD profit target reached, prepare to turn bearish againSell below 1.0800. Stop loss at 1.0880. Take profit at 1.0708.
Reason for the trading strategy (technically):
Price has reached our profit target perfectly from previously. We remain bearish below major resistance at 1.0800 (major horizontal resistance, Fibonacci projection) for a drop to 1.0708 support (Fibonacci retracement, horizontal pullback support).
Stochastic (21,5,3) has made a bearish exit previously and still remains in a bearish configuration.
EURUSD remain bearish below major resistanceSell below 1.0800. Stop loss at 1.0880. Take profit at 1.0708.
Reason for the trading strategy (technically):
Price reacted really nicely from our selling area. We remain bearish below major resistance at 1.0800 (major horizontal resistance, Fibonacci projection) for a drop to 1.0708 support (Fibonacci retracement, horizontal pullback support).
Stochastic (21,5,3) is seeing a reaction off our 93% level of resistance.
RSI (34) is also seeing a reaction off our 65% level of resistance.
EURUSD: Approaching profit target, remain bullishBuy above 1.0590. Stop loss at 1.0450. Take profit at 1.0850.
Reason for the trading strategy:
Price continues to rise perfectly towards our profit target. We remain bullish above 1.0590 support (Fibonacci retracement, recent swing low support) for a push up to 1.0850 (Fibonacci retracement, Fibonacci projection, horizontal overlap resistance).
RSI (34) is seeing a strong ascending support line holding price up.
Stochastic (21,5,3) is seeing a strong ascending support line pushing it up.
Bearish Cypher setting up on the daily! E/UCypher pattern spotted on the daily. Before the cypher takes off and gives us a possible bullish run i'm expecting it to push a little further down to my C point. i already have a sale in play. there is 161 pips left until our C leg completes. My C point is also at a Large Quarter point so look for possible BUYS there moving up to complete our C to D leg!
EUR/USD, DAY, NEUTRAL-SHORT (20-NOV-2016)Right now, we need to pay attention to the support zone near 1.054x area.
1. If the price breaks the support zone, we will look for opportunity to short when there is weak pull back (Highly Likely)
-If it really break the support zone, it will be a nice risk/reward trade :)
2. If the price bounces back from the support zone, it might move sideway or bounce back higher. (unlikely due to the strong strength of USD)
We will monitor this currency pair closely and update accordingly! :)
EURUSD ForecastEURUSD is still well and truly bearish after negative ECB news, causing a breakout through the support (now turned Resistance) level.
Price is currently trying to break even lower from the local trendline , which would see EURUSD head towards the bottom of the long-term Major Trendline. From there we expect a bounce back towards Resistance before falling towards Major Support at Potential Reversal Zone 2.
Trading Ideas:
Short EURUSD
Trade trendline breakout
EURUSD Bullish ReversalEURUSD is forming a W pattern on the 1H chart indicating a possible bullish breakout in the near future.
The W is within the potential reversal zone which makes it significant.
We expect price to travel up the 4th leg of the W before breaking resistance and moving towards the 200 MA.
EURUSD-Short Position - 300 PipsIt's a potential short position for 300 pips.
Based on AB=CD And Gann Analysis
If you want to get in this trade from this 1.10450-1.10550, you can still catch 130 pips till TP1 is reached, however there may be a slight pullback., It is recommended to enter with a smaller lot size if you want short right away.
TP & SL are mentioned in the chart.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity
however there may be a slight pullback.
EURUSD-Short Position For Atleast 300 Pips.Based on AB=CD And Gann Analysis, It's a potential short position for 300 pips.
TP & SL are mentioned in the chart.
If anyone wants to get in this trade from 1.10550 - You can still catch 130 pips (TP1),however there may be a slight pullback.
It is recommended to go with a small lot size if you want to get in this trade right away.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity .
Weekly Trend Finder, EUR/USD Trend is your Friend!Hello!
First things first, I wish you a fantastic trading week!
This is weekly template for Eur/Usd.
What it does is shows you the trend for week, and as you know, trend is your friend!
Once DSRA or DSSA is broken ( 21 pip ) we can say that trend is found!
Here is the last weeks template - screenshot postimg.org
So this is how it works, I guess DSSA will be broken since Weekly Sentiment is down bellow it.
Once broken, we can open some position! :)
Little Sunday Vlog - www.youtube.com
Visit our website/forum @ www.tpparadigma.com www.tpparadigma.org
You can contact us there, as well download these templates.
Follow us on Periscope @TPparadigma
Monitor our 2 trading accounts:
Account NR1 ( Initial Deposit 4.880 EUR )
LOGIN: 2006405
PASS: TPparadigma@123
SERVER: FXPRO REAL02
Account NR2 ( Initial Deposit 10.000 EUR )
LOGIN: 11048814
PASS: TPparadigma@123
SERVER: AdmiralMarkets -live2
Cheers.
Short trade on Template 1 EUR/USDHello.
As you may know, we are still short since yesterday and we took shorts based on yesterdays template 1.
Video here - www.youtube.com , since prices are predetermined we don't care that we got in DD, it will hit the TP since this pair is smelling short.
This here is Daily template 1 for Eur/Usd for 20.04.2016, pretty simple yet powerful.
We will update if there is a trade based on this template today during the day.
Login in our live accounts and monitor them:
Account NR1 ( Initial Deposit 4.880 EUR )
LOGIN: 2006405
PASS: TPparadigma@123
SERVER: FXPRO REAL02
Account NR2 ( Initial Deposit 10.000 EUR )
LOGIN: 11048814
PASS: TPparadigma@123
SERVER: AdmiralMarkets -live2
Download these templates at www.tpparadigma.com www.tpparadigma.org
Follow us on Periscope @TPparadigma
Get notified by upcoming trades on Skype, Whtasapp or Periscope.
Sincerely, TP Paradigma.
Can You Work Without SL? Daily Template for EUR USD 21.04.2016Howdy!
We closed our trades ITM since Tuesdays Daily Template 1 gave us a trade opportunity ( short ) And 20.04.2016 in evening TP was reached! Since it did not reach Tuesdays Daily Sentiment which was 1.1290 it reached it yesterday ( Wednesday ), and hit our TP. So here you go, Template for today, you can download it for free for your MT4 platform.
Best setup for next SHORT will be if it now goes a little bit UP since Daily Trend level is above DSRA, and then we could short from DSRA or DT level. Overall it has to go down anyway, so we just look for the best entry! I will update during the day!
We celebrate our TP + Secret about Take Profits ( just fun nothing else ) - www.youtube.com
Can You work without Stop Loss? - www.youtube.com
Give this guy a like! He made my day - www.youtube.com
Download templates here www.tpparadigma.com www.tpparadigma.org
Join us on skype group to get notified about trading opportunities - join.skype.com
Join us on Whatsapp - +37122122108
Follow us on Periscope - @TPparadigma
Login in our Real trading accounts at any moment:
Account NR1 ( Initial Deposit 4.880 EUR )
LOGIN: 2006405
PASS: TPparadigma@123
SERVER: FXPRO REAL02
Account NR2 ( Initial Deposit 10.000 EUR )
LOGIN: 11048814
PASS: TPparadigma@123
SERVER: AdmiralMarkets -live2
Best Regards!!!!
Monthly Phase for Bears, EUR USDHello! Take a look at related Idea!
This was the last months Monthly phase target, and over 2 years of trading monthly phases never failed!
Monthly phase price has to be reached during the month!
In this case, Price has to break confirmation level which is 1.1213 by 21 pip, therefore Sell starts from 1.1192.
This is monthly phase number for bears. If breaking happens we will see this last number which is TP.
See related Idea. And take in mind if 1213 broken, then 0879 will be reached till the end of the this months last day, no matter what, like it did last month.
I will post later the Phase for Bulls as well and lets see what happens and which Phase takes in place!
Download templates in our forum and website - www.tpparadigma.com www.tpparadigma.org
Don't miss trades on Periscope!
Login into our 2 MT4 accounts ( one with 4,8k initial deposit, second with 10k initial deposit ) and follow our trades.
Sincerely, TP PARADIGMA.