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EUR/USD
Member Since Jan 21, 2019
16 posts
Member Since Jan 21, 2019
16 posts
Member Since Jan 21, 2019
16 posts
Jan 31, 2019 at 08:37
Member Since Dec 28, 2013
171 posts
Who is waiting for trend reversal in EURUSD? I expect this would happen after NFP, since the currency pair has been trading on a range in 1D time frame. On the other hand, EURUSD could break out from the range, but why it would do that? Yesterday evening there was the FED interest rate decision and there was a nice move up. EURUSD appears to be currently overbought. Any thoughts?
Jan 31, 2019 at 09:22
(edited Jan 31, 2019 at 09:23)
Member Since Nov 08, 2015
3 posts
I am looking for a trend reversal in EUR/USD. I will go short at the top of the second leg of what I may believe to be a double top but for all other reversal tools or strategies I won't short the market unless they form under my daily open.
Jan 31, 2019 at 12:26
Member Since Jan 31, 2019
10 posts
Why you think price will fall on euro? I don't think it will fall until price reaches the previous high at 1.1560 but once that happens I am shorting all the way to the bank. Euro economy is turning bad so should be a bit sell off in 2019
Feb 01, 2019 at 09:49
Member Since Nov 08, 2015
3 posts
vedranm posted:
Why you think price will fall on euro? I don't think it will fall until price reaches the previous high at 1.1560 but once that happens I am shorting all the way to the bank. Euro economy is turning bad so should be a bit sell off in 2019
After a move to the downside and a break of the daily open followed by a pullback to the 50% fib and a second break of the daily open I will now look for either another pullback to the 50% or 61.8% fib or for a bounce off of the daily. I would also keep in mind the timing of the entry being that liquidity could be low which could prevent the short trend to continue. But if the market remains under my daily open for the remainder of my trading day and the next daily candle shows bearish momentum I will then look to go short.
Feb 17, 2019 at 11:03
Member Since Aug 11, 2017
886 posts
I have seen according to my trading experience by and large traders are extremely dependable on EURUSD which is mainly considered as a bass currency pair in this market place. But I think for increasing trading performance very rapidly we have to trade other major currency pair. Sometime I trade at all major pair in my demo trading to see the performance how it works.
Member Since Jul 12, 2016
78 posts
Member Since Mar 14, 2019
11 posts
Member Since Mar 18, 2019
98 posts
Member Since Mar 18, 2019
98 posts
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