Wait for the break!

2016年9月5日

Wait for the break in EUR/USD to confirm going long or short on this pair.

I always consider both directions when trading but from the looks of it I am biased that this pair is bearish!

2016年9月5日

ノート

Long term analysis.

2016年9月7日

ノート

Now that we have a break and a nice retest it is safe to say EUR go up to tag the upper trend line resistance around 1.1315
From there we will wait to see what happens after the ECB meeting this week so we can enter a short position if price bounces of 1.13

2016年9月8日

ノート

We may now go short since the trend line resistance has held and as the DXY bounces for a temporary pull back.

2016年9月8日

ノート

and there is the bounce. This bounce will continue until US retail sails are released next week.

2016年9月17日

ノート

Our position is now 128 pips in the green. We will hold until we reach our TP around 1.1060. The weekly trendline support. We may possibly close this trade manually and take our winnings before the FOMC on Wednesday.



DXY playing out a head and shoulders pattern. Looking for it to touch the 96.70 trend line resistance.

2016年10月11日

トレード終了: 利益確定目標に到達

We may now close the trade. Price has reached our target on the daily/weekly trend line support. That 290 green pips for us from the entry point provided.