Everything is going your way, just ride the wave, only 21/2 hrs to go.
The euro continued to add value against the dollar for a second consecutive session on Tuesday, rising nearly 30 pips to a closing price of 1.1295. Levels of 100-period average at 1.1339 limited additional growth of the pair, while the lowest point was reached at 1.1256. The relative strength index climbed in positive territory, contributing to positive attitudes. A break of yesterday’s high will allow continuing growth.
[QUOTE=“Ying17;761957”] Im will out at 5 hours later. I would actually be out at 2 hours later, so far no active trades yet but waiting for my set ups to trigger EUR/USD Long @1.1349 GBP/USD Short @1.4531 if wrong long @ 1.4636 NZD/USD Short @0.6840[/QUOTE]
I’m stuck, but I keep holding the NZD usd and Gbpusd
Yesterday EURUSD rose with a wide range and closed in the middle of the daily range, however managed to close above previous day high, suggesting bullish momentum.
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1459, the previous swing high at 1.1398 (resistance), the 10-day moving average at 1.1284 (support), a daily support at 1.1237 and the 50-day moving average at 1.1219 (Support).
I took accepted stop loss after US change
After Fed statement US dollar was seen little uplifted and EUR/USD pair is trading up with 0.24%.
After a nice whipsaw today, the pair remains mild bullish tone. I guess sell on rallies are what market maker do these days.
After the US change, its like a new beginning, were the resistance and support comes and more money to generate
The EURUSD was very volatile for today, but it keeps its bullish trend. On the daily chart, the 55 EMA has been a good support.
Yesterday EURUSD went back and forward but closed in the green although closed in the middle of the daily range, in addition closed within previous day range, suggesting lack of momentum, neither bulls nor bears are showing control.
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1459, the previous swing high at 1.1398 (resistance), the 10-day moving average at 1.1293 (support), a daily support at 1.1237 and the 50-day moving average at 1.1238 (Support).
The euro added value against the dollar for a third consecutive session on Wednesday, climbed 26 pips to a closing price of 1.1320. The movement noted high of the beginning of the week at 1.1360, while the bottom has been reached at level of 1.1271. Index relative strength added positions supporting the bulls, but the major challenge remains upwards at 1.1340/60.
EUR/USD had briefly broken above 1.1330, but now it’s back below that level. Range continues and the pair will likely continue moving to the downside towards the support at 1.1220.
Hey guys does anyone wondering about stop loss with this pair with no stop loss? I noticed in my demo account I just set long and it’s still live since last 2 weeks
It is not a good idea not to use stop lost when your away from your computer on any pair. Look what happened yesterday with the JPY pairs and that can happen with any other pair too.
[QUOTE=“tonyro44;762377”]It is not a good idea not to use stop lost when your away from your computer on any pair. Look what happened yesterday with the JPY pairs and that can happen with any other pair too.[/QUOTE]
Ok, I was planning about this everyday with 200 SL, but trading long with micro lot 10000 EUR USD, seems to be a decent trade with lots of size, argghhh… I admit USDJPY was awful yesterday, including the stock market was surprisingly shock these BOJ thingy, anyways it’s a good experience for me, this year looks like there’s a lot of space going long versus the bear in EUR USD according to week time frame. I will still loyal to this pair
Eur usd is looking to knock off the resistance, 1.1414 if this breaks, it will have entered the prices of 1,1400++
Yesterday EURUSD initially fell but found enough support at the 10-day moving average to turn around and close near the high of the day, however closed within previous day range, suggests a slight momentum on the bullish side of neutral.
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the previous swing high at 1.1398 (resistance), the 10-day moving average at 1.1294 (support), the 50-day moving average at 1.1238 (Support) and a daily support at 1.1237.
Going down, suggest you lock in some of your profit while you still have it
Thats what she said that was the highest resistance @1.1414 in euro session according to the support resistance, im still looking todays trade in the US opening session looks like its coming back to knock 1.1414