I am very busy his week. I had 3 webinars so no time to post here.
I am still bullish on EURUSD. I hold long position from Wednesday last week. I also took 2 more longs yesterady and hold them.
I see poor structure all the way to 1,3550 and expect price to test there.
EURUSD - Well, my outlook from this morning played out nicely. I tightened stop loss too agressively on the first position and was kicked out from the trade (with small profit). Later it went to desired profit target.
I was not angry. That is part of trading. And I had the second position in the market which went to profit target I intended.
Daily momentum remains positive, the scope is marginally on the upside.
1.3460-1.3450 looks good area to go long.
1.3580-1.3600 is first major resitance area.
EURUSD - I was not planning on doing any trades before tomorrow´s ECB. However this morning brought nice short opportunity.
I was patiently waiting for a test of strong support around 1,3525-1,3515. After the macro news release from US at 16:00 my profit target was hit, but because of wider spread I did not get a fill. So I closed the position manually. I lost few pips because of manual close, but that does not matter.
I was not expecting any good intraday swing opportunities before ECB, so this trade is a nice bonus 
EURUSD - so here is the big day for EUR. We will have the ECB rate announcement and Draghi´s press conference.
Hard to tell what the guy will say. If he surprises and lowers the rate or says something dovish, then I will try to open a short trade since I see poor structure below the market with medium and long term targets around 1,3100, 1,3000 and 1,2900.
I can also imagine a scenario with false downside move during the press conference, just to take stop loss orders below the consolidation range we have for the past 2 weeks and then reversal to the upside. I still hold long position from Wednesday (Sept. 18). It is no risk trade now so I will hold it into the press conference and either get kicked out of it or wait for my target at 1,3660.
I will wait for what clues the market offers during the press conference and after it.
My view is still bullish. I think 1.37 level is just a matter of time now. I expect that large stops are above 1.3700. 1.3600-1.3585 seems solid support area
Watching price action on 1.3580-1.3600 zone.
1.3540 seems a solid support area.
What is causing eurusd to short today? Anyone?
EURUSD - I lead a webinar yesterday for Czech audience. I tried to enter into 2 long trades. I closed the first one for a scratch. Second trade went to profit target this morning.
I tried aggressive short trade this morning but there was no price move to downside so I closed the trade for a scratch. I still would like to go short. I see good targets around Wednesday´s (Oct. 9.) low and around 1,3460 area. I will wait for confirmation of sellers now.
EURUSD - I got to my PC later in the afternoon yesterday. I saw good potential for short trade in the area of resistance that I have indicated to subscribers of Forex Expert.
I closed the trade recently after nice selloff. Now I am waiting for pullback to enter again. Targets to downside mentioned in few of my previous tweets are still valid.
cfatrader
I also wanted to go short yesterday. I was waiting around 1,3580 resistence area, but price did not get that far. When the selloff started after beginning of US session I entered short and got some pips out of the move.
The sharp turn from yesterday´s low is not completely healthy in my opinion. We got a major short squeeze this morning. I still prefer to enter short, but I want to see confirmation of strong sellers. I am not interested in going long after significant move of nearly 150 pips. If we get significant pullback I might try.
EURUSD - I had bias to short side this morning. I tried to enter short 2 times in the morning, but price did not test lower. I closed both trades for a scratch. I tried to short AUDUSD as well.
Before noon (GMT+1) I changed my bias to long side and opened long position. You can check my postion and target on my website.
EURUSD - still waiting with my long postiion from Thursday to reach it´s target. If price moves lower I am willing to add into long position after confirmation of buyers in the market.
On October 23 (10:30 a.m. US Eastern time) you can join NinjaTrader sponsored webinar and see me using MPP in live market. I will introduce my way of using MPP and then I will do real time analysis of the 6E (Euro futures) market.
At the end of this analysis I will share my trading setup for the session and wait if I get an opportunity to enter into any trades. In the meantime I will comment on live market development and answer any questions regarding Market Profit Pack and trading.
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EURUSD - my position from Thursday (October 17) was closed on profit target after the macro news announcement at 14:30. Even though I use LMAX exchange https://advertising.lmax.com/Tracking/Tracking.aspx?a=12348&p=522&u=16460&t=2
which has superb fills I got slippage. It was in my favor however, so I got 14 pips o profit for “free”.
