EUR usd closing my second trade, looks like in the oversold market of the oscillator 1 hr tf
[QUOTE=āYing17;697721ā]EUR usd closing my second trade, looks like in the oversold market of the oscillator 1 hr tf[/QUOTE]
Hmmmā¦ I might plan to open second trade again, if the oscillator is above 20 with crossover
Well Iām out @ 1.1128. That means break even for the day so happy. Equity free for another dig later
[QUOTE=ābobbillbrowne;697735ā]Well Iām out @ 1.1128. That means break even for the day so happy. Equity free for another dig later[/QUOTE]
Cheers! Iām still holding this, this might have a retracement soon when the U.S. Session opens. The ship will be sailing tomorrow and everyone is welcomeā¦ 
Updating EUR USD current price at 1.1129
This had reached the 1.11254 the lowest price trade ( still pippin down) . I still donāt how much is the strength of retracement for this weekly trade but Iām seeing a bearish market for today. The stochastic oscillator is currently in the oversold area on 1 hr TF. Sunday was a bit quiet but we didnāt expect the downtrend, so we just waited for the confirmation bearish candle in the daily time frame.
I was attempting to open a second trade but I decline due to oversold market area for entry. At 1.1147
1 hr time frame: in my indicators currently
Ichimuko: the kijun is currently pointing downward shows ready for bearish but still waiting for the crossover of the lagging line
RSI: below 50 indicates still in the bearish market
Stochastic: itās currently bearish this hasnāt crossover yet above 20 so bearish is still positive
Ema10/5: shows no crossover but still positive bearish.
Parabolic: had shut down the bull while attempt to go before the Euro Session, therefore this remain bearish
For about what I learned this weekend about divergence.
I think itās a regular divergence because it was similar to the oscillator trend.
I see it just got kumo twist could pull back to kijun sen, what do u think
Well Iām on long again @1.1135 sl 1.1118 TP what ever the market gives me. I do note in the time its taken to write this weāre up 10 pips already
And out at 1.1152. 1R profit for the trade and the day. Looks like I got out early but who knows. Enough for the day. Dodgy Monday markets
[QUOTE=ā3xfx;697749ā] I see it just got kumo twist could pull back to kijun sen, what do u think[/QUOTE]
Iām still short just hit my 1.1185 attempt to re entry at 1.1182, there is the lagging line in 1 TF attempting to cross over again to kijun but itās still not enough to go up.
Iām still favor with the bearish and long trade capturing it. Although if thereās a signal it will go up I would go for re entry.
I got a signal to go short again @ 1.1181 but Iām off to bed so canāt manage the trade. Man spewing if I wake up and the price 1.1080 lol.
Something tells me itās recreating a hidden divergenceā¦ Graph Price Lower High and scholastic Higher High with a bearish momentum
[QUOTE=ābobbillbrowne;697771ā]I got a signal to go short again @ 1.1181 but Iām off to bed so canāt manage the trade. Man spewing if I wake up and the price 1.1080 lol. <img src=ā301 Moved Permanentlyā/>[/QUOTE]
Well I guess, letās keep sailing thenā¦ I opened 1.1182 got a stop loss in my entry too letās see how it develops
Whoa whoa so itās confirmed a hidden divergence, with bearish momentum, my stochastic went up suddenly but the candles didnāt moved at all, this part is very tricky
EUR / USD retreated after meeting resistance slightly above the main resistance 1.1260 line.
The short-term outlook is positive but needs a clear close above this zone to give confidence on the rise.
Studies of momentum, recommend caution.
The RSI left the overbought territory and the MACD rose and fell below its signal line.
There are also negative divergence between RSI and price action.
I might get second trade open here if the oscillator confirmed cross over for the next 35 minutes
EUR Usd opened at 1.1144 short
Stop loss stochastic oscillator crossover
Trading minimum
EUR/USD rebounded from 1.1230. but still I donāt see any opportunity for opening position today.
Today was a bad day for the EUR/USD at all, hope we can see some pull back tomorrow.
Initially I thought that EUR/USD has broken above the resistance at 1.1260, but apparently that was not the case. The pair has formed a shooting star and a marubozu candlestick on the daily filter chart and will likely move to the downside again.
Not all bad, I made 60 pips going short