EUR/USD broke above the 1.1230 again today, but could not continue upward ,Next week i think that we will see more move up for the pair. peaceful weekend for all.
Hello Pips!
Good day to all,
I know its too early for me to post in our forum. I am still studying the babypips school and Trading live, iām in the section of Divergence.
Upon looking EUR/USD i found something similar which occurring right now in the real trade. I hope this link will help.
1 Day Time Frame, Stochastic Oscillator Confirmation
How to Avoid Entering Too Early When Trading Divergences
Good luck for all traders Tomorrow, Cheers!
Regards,
-Ying
Letās see if the EUR/USD will continue the uptrend in Monday.
Good staff there. :35:
Good day to all,
Iām ready for trading, I know it is Sunday Eastern time and it is the time for the developing day of a trend, but according for my experience, there is a pin in the 1 day time frame EUR/USD. Which give us opportunity to trade a profit today. I confirmed 60 to 100 pips. " For a bearish candle confirmation developed. "
Today is very slow but I am ready to risk and to wait for confirmation in the euro session opens. Here it goes.
If the EURO session opens today and a confirmation of a bear indicates today I will enter in the 1 hr time frame. Take note: after reaches 50 pips, we need to have profit stop at 20 pips.
But itās still up to you guys, if you want to trade with me, I might also be wrong as the market is always not right.
Good Luck to all.
Ying
The EURUSD found a good resistance at the 1.1300, now the 1.1200 could be a good support.
Updates in EUR USD currently @ 1.1213
Showing positive uptrend, I am still waiting for confirmation bearish before the Euro Session opens.
Stochastic Oscillator is indicating an uptrend position and the Relative Strength showing a crossover uptrend which crosses in 50 on 1 hour time frame.
Next hour letās try to see if there is a confirmation of a bear, to trade a profit today.
Well, Iām on long today @ 1.1198 SL 1.1178 TP 1.1278 but will be watching closely. Early break, if Iāve picked it Iām a genius if not boo hoo. Please remember this is a 70 tick chart
But what is the EURUSD doing. I do note a large supply hole exists between 1.22 and 1.16. This zone has not been tested in nearly 10 years. Nature abhors a vaccum. From a purely technical side I see no reason why the price cant retrace back to these levels.
However if this pair is to continue its recovery it might find some resistance around 1.1275 mark (where my final TP target is) and could even drop back to 1.10 before continuing a push back up. So trade what you see see what you trade. Thereās an old saying buy in Jan sell in May. Must be ready for the bears to return. It could be a fast ride down if they do.
All the best for the week
Bob
EUR USD update current price at 1.1199
A very dramatic and astounding momentum it hits 1.1224 uptrend, and shutting down the bear creates a Parabolic bull coming, so far we are still waiting for
Confirmation before the Euro Session for a regular divergence, 25 minutes to go and letās see some miracles coming today.
EUR USD @ 1.1184 current price.
Still waiting for a momentum to go bearish with a confirmation, on 1 day time frame.
The entry 1 hr TF , waiting for the stochastic cross over and there is 8 minutes left, letās see a cross over,
We might ride together with the bear and set to sail itās ship.
EUR USD Short @ 1.1185
Target price: 60 pips at 1.1125
No stop loss
Trading at minimum
Interesting start for the day, was up 1R but then price reversed for London open taking out stop. With a range of 58 pips all ready in play might not get another signal for the day. To close to PMI release to make decision now.
Hey! Who wants a Ferrari?
Theyāre over rated lol
I might keep holding short till the Americas Session, current price 1.1170 still waiting for 1.1125 TP, I might thinking this maybe a massive short for 2 days, let see
Till tomorrow, putting stop loss in entry price
Joined you short bro. Got my signal @1.1148
Price moving opposite to news (which it does), so Iāll just look to recover my last trade first.
[QUOTE=ābobbillbrowne;697711ā]Joined you short bro. Got my signal @1.1148 <img src=ā301 Moved Permanentlyā/> Price moving opposite to news (which it does), so Iāll just look to recover my last trade first.[/QUOTE]
Welcome aboard bro, we are still sailing going 1.1125, stochastic oscillator havenāt cross over yet in a 1 hr TF.
EURUSD initially rose but found enough resistance at 1.1237 to give all its early gains and closed in the red near the low of the day, suggesting a shooting star pattern. We may see a pullback off this recent bullish move to 1.1034 before another move upward.
Still bias to the price rising to 1.13 before a retreat to 1.10 but got to trade what I see. Havenāt got much room to move however, SL tight at 1.116. Them my rules and got to play by the rules. Think it was Edward A. Toppel who said
āYou can break the rules and get away with it. Eventually, the rules break you for not respecting themā
EUR USD opening at 1.1147 short
I am opening my second trade, stochastic hasnāt cross over yet so I might got few profit before getting to 1.1125