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USD Strength to continue?
EUR/USD is trading right now above its 200H MA[at around 1.1292] current 1.1295
Offers on 1.1300 were filled with still more waiting on 1.1320 to 1.14
With my daily targets filled completely on EURUSD pair I will engage wait and see mode. I had projected 1.1300 for the high for today
I just too slow off 1.1300 for a sell down to 1.1280 bid.
Strong Bids on 1.1250-60 is my current buy level. for today.
Offers on 1.1300 were filled with still more waiting on 1.1320 to 1.14
With my daily targets filled completely on EURUSD pair I will engage wait and see mode. I had projected 1.1300 for the high for today
I just too slow off 1.1300 for a sell down to 1.1280 bid.
Strong Bids on 1.1250-60 is my current buy level. for today.
USDNOK
Hourly chart for January 2016 [ current : 8.7420 ]
Combining some Order Flow with Technical Analysis to obtain optimal trading levels and FX flows on USDvsNOK
Demand is seen for USD/NOK around 8.66 ; 8.63 followed by bids at 8.60 (This will be our risk tolerance if long)
Current price at the median is 8.875 [Target 1]
Target 2 is Supply zone up at 8.98 ; The pair will be considered slightly overbought above 9.0 in the short term.
Ichimoku levels suggest more momentum is needed for continuation of up-trend with price currentl[/Target]…
Combining some Order Flow with Technical Analysis to obtain optimal trading levels and FX flows on USDvsNOK
Demand is seen for USD/NOK around 8.66 ; 8.63 followed by bids at 8.60 (This will be our risk tolerance if long)
Current price at the median is 8.875 [Target 1]
Target 2 is Supply zone up at 8.98 ; The pair will be considered slightly overbought above 9.0 in the short term.
Ichimoku levels suggest more momentum is needed for continuation of up-trend with price currentl[/Target]…
Not a great start to the competition
Kept getting stopped out this month with stops too tight, I'm having trouble finding the time for the competition.
but I'm not beaten yet.
I'm still getting used to only being able to place 1 order on a fx pair.
Trading the competition acc is a skill on its own.
Good luck to all
I recommend sell on eurusd at 1.1130/40 for 1.10 target. I cannot take this position here as already have a trade on the euro.
but I'm not beaten yet.
I'm still getting used to only being able to place 1 order on a fx pair.
Trading the competition acc is a skill on its own.
Good luck to all
I recommend sell on eurusd at 1.1130/40 for 1.10 target. I cannot take this position here as already have a trade on the euro.
Orderflow Master sees EURUSD Short positions looking for a retrace
I've decided to try the competition for July
EURUSD
Short positions looking for a retrace back to the Weekly Open.
Short positions below 1.1155 with targets @ 1.103 , 1.098 & 1.095 in extension.
Bids seen at 1.0960
buy orders are still noted at 1.1030, buying interest is tipped at 1.1000 and 1.0980, fresh demand should emerge around 1.0960, 1.0930 and 1.0900
1.0880 & 1.0850 has a really nice big supply level for a good push up. I will look to buy that zone this week.
For now Ultimate target I'm…
EURUSD
Short positions looking for a retrace back to the Weekly Open.
Short positions below 1.1155 with targets @ 1.103 , 1.098 & 1.095 in extension.
Bids seen at 1.0960
buy orders are still noted at 1.1030, buying interest is tipped at 1.1000 and 1.0980, fresh demand should emerge around 1.0960, 1.0930 and 1.0900
1.0880 & 1.0850 has a really nice big supply level for a good push up. I will look to buy that zone this week.
For now Ultimate target I'm…
Time to enter on the EUR
Hello fellow traders
Time to enter on the EUR
Time to enter long today ahead of announcement . A good place to go long would be 1.3598 TP 1.3637 - 1.3650
Don't forget the ECB press conference at 14:30 CET
The decision should be of high impact and concern for future trade moves on the Euro pairs this Q3.
There
is concern interest rates will drop, what impact this has we will have
to wait to find out, but I have a feeling it is going down down down,
down...........just saying.
Euro is heavily off…
Time to enter on the EUR
Time to enter long today ahead of announcement . A good place to go long would be 1.3598 TP 1.3637 - 1.3650
Don't forget the ECB press conference at 14:30 CET
The decision should be of high impact and concern for future trade moves on the Euro pairs this Q3.
There
is concern interest rates will drop, what impact this has we will have
to wait to find out, but I have a feeling it is going down down down,
down...........just saying.
Euro is heavily off…