Trading Ideas
Wed, 18 Oct 2017 22:30:49 -0500
EURUSD bouncing up perfectly, remain bullish
Wed, 18 Oct 2017 22:29:21 -0500
Buy above 1.1747. Stop loss at 1.1709. Take profit at 1.1878. Reason for the trading strategy (technically): Price has touched our entry and bounced off perfectly as expected. We remain bullish above major support at 1.1747 (Fibonacci retracement, horizontal overlap support, bullish divergence) for a push up to at least 1.1878 resistance (Multiple Fibonacci retracement, horizontal overlap resistance, Fibonacci extension). Stochastic (89,5,3) is starting to bounce off nicely from our 1.1% and also sees bullish divergence vs price signalling that a bullish reversal is impending.
Wed, 18 Oct 2017 22:13:52 -0500
Watch carefully the price, if the price of EUR/USD goes above the resistance( white ) line, then you could start buying. If it hits it and you see red candles forming, then it won't keep going up, and you could short. Basically, if goes above the resistance line and breaks it, then go bullish, otherwise you can stay bearish. Just watch carefully.
Bearish Cypher
Wed, 18 Oct 2017 21:24:20 -0500
Bearish Cypher setting up.
Wed, 18 Oct 2017 21:13:34 -0500
Wed, 18 Oct 2017 20:06:45 -0500
wait. a refusal to resist will be a good opportunity to sell in this area. safe transactions. Good luck!
EUR USD at an important junction
Wed, 18 Oct 2017 17:28:55 -0500
EURUSD pair has developed some very interesting and mixed signals. The upward primary trendline has been broken, which is the first reversal signal, CCI and RSI are also pointing towards trend reversal. To confirm the bear market the price needs to break below 23.6% fib 1.1720 level. BUT I have also noticed a bullish pennant developing and MACD has no clear indication. If the price breaks above the secondary reaction, the price will continue to move up.
Wed, 18 Oct 2017 16:54:49 -0500
long to the first target..
Wed, 18 Oct 2017 16:27:14 -0500
Head & Shoulder Formation
Wed, 18 Oct 2017 16:21:21 -0500
SHS still in formation on daily tf.
EURUSD, Level 2 and 3 rise
Wed, 18 Oct 2017 16:19:54 -0500
Market Maker Method level 2 and 3 rise after the weekly reversal,movement expected during New York session tommorow.
Wed, 18 Oct 2017 16:13:20 -0500
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