Eur/usd

After having 1000 pips profit from sep 23 to oct 02 from my short trade , now i,m setting up a long trade for this pair.
3 bolinger band set up : ( 10 , 2 ) ( 20 ,2) & ( 50 ,2) suppose to be 10, 1.9 , 20 ,2.0 & 50 ,2.1
cci showed divergence .
Time frame : 3 hour Chart
Take profit 1 : 1.39796
take profit 2 : 1.41510
after reach at profit 2 , do analysis again for next movement because currently this pair going short refer to 200 ema .

Hi there,

This looks really interesting.

Can you provide a graph and what is your entry signal?

Cheers,

stevefromnaki :smiley:

I exit early this pair from the long trade after read recent news and decided to enter short position. Support is broken and ADX increased on 1 day time frame. now till tomorrow i,m suggest to continue with my short trade . I short this pair without using stop loss and let the profit run on until it make a new turning to reach the resistence level but still don’t know until when the short trade will goes on. i trade with small lot.

Cross of EMA 100 to EMA 300 predict that this pair might reach 1.3300 level on the following short movement before start a new turning point .

I want enter long position for this pair . My technical Analysis refering to the below Indicator & Scale .
CCI 14 , RSI 14 , MACD 6,13,4 & ADX 10 , bolinger band 20,1 & 50.1
TP 1 : 1.38000
TP 2 : 1.40000
Once reach 1.41510 most probarary new uptrend will progress .

i wrongly stated the bolinger band scale ,it suppose to be 20,2 & 50 ,2

I want enter long position for this pair . My technical Analysis refering to the below Indicator & Scale .
CCI 14 , RSI 14 , MACD 6,13,4 & ADX 10 , bolinger band 20,2 & 50.2
Time Frame : 1 day Chart
Signal to go long with Candle stick Hammer at the below downtrend.
TP 1 : 1.38000
TP 2 : 1.40000
Once reach 1.41510 most probarary new uptrend will progress .

I see a strong support at .4250, even a small retraction towards the .4037 and them back to .4521.


My trendline says the price is going towards .5016 level.
I�m expecting a retraction around .3877 level. I won�t take any position until a retraction signal is given.
Lest wait until Monday.

The trend has establish at 1,3962 level. Christmas season is running the Euro.

EUR/USD uptrend on the daily chart is intact. I stay sidelined for now untill the market either

[ul]
[li]reaches the lower boundry (about 1.41.50) of the Jun-Aug uptrend
[/li][li]makes a significant breakout through the Aug high (1.4430)
[/li][/ul]

The US currency is one of the most widely used trading money in the market today. The US bank and its related financial agencies have a say on the players in the forex market.