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Day 2
Eurusd has gone once again above 1.17 level and returning on daily chart. I am expecting to reach once again to 200 sma on 5 minute chart where I will place my buy order, putting the stop loss tighter. Also my favorite exotic pair has declined sharply, so i triggered a sell stop order, expecting that it will break below last hourly candle.
Thanks.
Thanks.
Day2
Yesterday was first day of month and EURUSD rebounded in between 1.1650 to 1.17 range even after NFP. Now I expect that on Monday, it will break above 1.17 level, else if it break below 1.1650 again, it will move more downward as i has been seen that there is enough resistance on daily chart. But looking at weekly chart, it shows support at current level and it formed double bottom pattern.
USDNOK trade setup
Today after NFP, this pair moved in sideways and not able to break day before yesterday high, or not able to break below 8.03 level, where two hundred SMA supports on 30 minutes charts. looking at these scenario, I went long today expecting it to reach 8.12 level, which i setup my tp.
19.03.2018
Today after moving in range for many days, GBPUSD broke above and moving. But I missed it looking at USDZAR, as it also broke above 200 simple moving average on 4 hours chart. Now I am long at USDZAR and USDSEK for this week. I hope it will keep above 200 simple moving average in recent days. Also in strategy contest, my strategy was doing good after a big draw-down. So will change strategy in coming days to have good equity.
Day 1
Today EURUSD and GBPUSD moved a little bit higher but soon it is turning down. But my favorite pair USDZAR moved above 200 sma on four hour chart, so now I am looking to sell it because i think it will retrace back to 200 sma. I am looking to go short below at 11.85, else I will go long above 12.10.