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14 JAN 17 | EURUSD UPDATE

killer195175 Posted 14 Gen  in #Trader's blog #Eurusd #Trader Contest #Upmove
EURUSD closed at 1.0636. The pair needs to close above 1.0650 to see 1.0880. At present the upside momentum looks good. Although the pair went through our level at 1.0650 but closed the day just 14 pips to below it.
Let us see how the things unfold next week.
Happy trading to all.
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13 JAN 17 | EURUSD

killer195175 Posted 12 Gen  in #Trader's blog #Eurusd #Trader Contest #Range
Hello fellow traders and community members,
Today EURUSD gave a very nice rally and touched 1.0684 levels but it seems that it won't be able to close the day above the crucial level of 1.0650 as the current trading price is 1.06180. The pair needs to close the day above 1.0650 levels in order to see 1.0880.
EURUSD DAILY CHART
From the image above the pair seems to be in a range between 1.0390 and 1.0650 levels.
That's all folks.
Happy trading to all.
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2 Commenti
hunlion avatar
hunlion 12 Gen

Daily candle close at 1.06119 , a good opportunity for a sell position , what do you think ?

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killer195175 14 Gen

No hunlion. Selling is not good here. We need to see a red candle below 1.0650. Then we can sell at the break of the low of that candle and placing a stop above high of recent high above 1.0650. If the pair closes above this level then we will wait for a pullback to enter long.

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15 OCT EURUSD

killer195175 Updated 16 Ott  in #Trader's blog #Forecast #Trader Contest #Update #Jforex #Support Area #Eurcad #Target Accomplished
Last week on 13 oct we talked about EURCAD as it had broken lower from a rectangular pattern and the target on the downside was give 1.45000 and 1.44000 respectively. Although our first target was achieved easily but for second target the market closed just about .0007 pips away. Till now we have gained 193 pips approximately on this trade setup and we had risked only 68 pips. It seems to be a very nice set up. From here I expect price to rise a bit and we can see some profit booking this week b…
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13 OCT 16 EURCAD

killer195175 Posted 13 Ott  in #Trader's blog #Forecast #Trader Contest #Setup #Sell #Rectangle Pattern #Eurcad
Hello everyone,
Today I have spotted a break and retest of a rectangular pattern in EURCAD.The idea is to sell between 1.4595 to 1.4630 with a stop loss 1.4668 and target 1.4500 and 1.4400 respectively.
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