candos's Blog
EURUSD
Hello house. Hope you guys raking in the pips. EURUSD has been in consolidation for a while. The ECB Quantitstive easing helped bupy eurusd for a correction to 1.5 levels. Todays better than expected US employment data has resulted to a strong dollar thus causing eurusd to drop to 1.13 levels. My bias is for price to get to 1.1 levels again. But friday profit taking coupled with the fact that mondays are usually bullish i expect to see price hit 1.1440 . levels before continuing the down move. A…
EURusd chart
Here is an updated version of the hourly chart i posted few days ago, i usually use imaginary channels based on what i expect price to do in the future. eurusd has startedgoing down as i expected but it didnt move exactly with the channels i predicted.
so here is a better chart with eurusd obeying. expecting a break down of the current bearish flag
so here is a better chart with eurusd obeying. expecting a break down of the current bearish flag
EURUSD Update
Hello house,
Hope you all had a great weekend Had to close my short on friday due to over the weekend leverage. im glad i got out of
the short because i now got a better entry short at 1.2706.There is a bias for longs on eurusdd as i see from many traders but i am sticking to shorts for now till my charts say otherwise.
Hope you all had a great weekend Had to close my short on friday due to over the weekend leverage. im glad i got out of
the short because i now got a better entry short at 1.2706.There is a bias for longs on eurusdd as i see from many traders but i am sticking to shorts for now till my charts say otherwise.
Updated EURUSD
Good Morning all, another great day to be alive and trading. Based on my previous analysis we can see that eurusd has found it very difficult
to sustain the upmove. I am sticking wiht my analysis that eurusdd should countinue lower towards 1.2500.
Volumes have dropped so we are seeing little movement on the eurusd. Patience and confidence need
to sustain the upmove. I am sticking wiht my analysis that eurusdd should countinue lower towards 1.2500.
Volumes have dropped so we are seeing little movement on the eurusd. Patience and confidence need
EURusd update
Good morning house. Few days ago i predicted the start of a new leg down. i also projected 1.2650 as next target.i missed my reentry short because i was expecting a retrace higher to short at better prices.The invalidation of the bear flag confirms that the range market is over and we are in trend mode for a while. Basd on my projections i expect to see a vontinuatio of the bear move to 1.2500. i also expect us to hit 1.2400 area in few days.Happy trading
EURUSD OUTLOOK TODAY
Good morning community, Hope you all had some rest. Based on my analysis of yesterday. 1.2750 gave way and price went to
next support level at 1.2706 area. The question i am focused on today is this: Did the trend-line i talked about yesterday break? it looked like it broke but in my opinion it did not do so convincingly. Asia has decided to move up,
Based on my analysis i am long and looking for better prices higher to sell. 1.2806 is a good place to check for bearish price action.
i will upda…
next support level at 1.2706 area. The question i am focused on today is this: Did the trend-line i talked about yesterday break? it looked like it broke but in my opinion it did not do so convincingly. Asia has decided to move up,
Based on my analysis i am long and looking for better prices higher to sell. 1.2806 is a good place to check for bearish price action.
i will upda…
Updated on eurusd short
Closed my short in profit over 70pips. we are currently at major flag trenline i mentioned on the daily. not cool with the price action right now. plus 1.2750 has a confluence of supports. will reenter sometime after the trendline breaks. if it does. if not we short again at the top somewhere around 1.2805. enjoy
EURusd outlook updated
Based on my previous analyses, my predictions seem to have started playing out. EURUSD has much further to go down.
I got my groove on. time to rake in pips. my short from 1.2824 is looking good.
Patience, confidence and an edge is what we need in this business. will update as trade plays out
I got my groove on. time to rake in pips. my short from 1.2824 is looking good.
Patience, confidence and an edge is what we need in this business. will update as trade plays out
EURusd outlook
Hi guys, hope you all are pipping. My first month in the contest and im finally getting comfortable with how things work.i have not traded well in the in the last 3weeks.I believe there lots of room for improvement next month. The eurusd is in a strong corrective move upwards, based on my analysis we should have another bear move. but the question is when and how far down. we are currently seeing a bearish flag on the daily charts. i believe today will mark the begining of a new down move toward…
EURUSD Outlook
Goodmorning House,Great day to be alive and in the markets. Being a newbie, i came into this contest with wrong expectations.:expecting to make 800% returns monthly in order to stand a chance for prizes. This led me to trade haphazardly. But after reading the aims and objectives of the contest my outlook is changed. i havedecided to be myself and stick to my strategy. the way i trade my live account.here on out i will be specializing in the eurusd. 20pips stops swinging for 60 to 200pips takepro…