EURUSD Pro

Gonna wait you on Tuesday boss
Willing regenerate my capital

I had a feeling with Passover and Good Friday, this day would be a dud. We have been seeing large volume all week and now not enough to cover the spread (at least with my systems). I will keep watching for signals, no swing trades now, only scalps. I am thinking there will be some cash out action when London starts to shut down.

London is closed today, Good Friday holiday here.

Ok guys, enjoy the holidays, even if in lockdown. I will contribute what I can, but this thread should not be focused about/on me. Also it is hard to take responsibility for the tips/signals, not to mention the (additional) pressure, also one has to live update trade, if it goes south... Each trader should be responsible for their own entries, cross-checks etc, right. Just felt the need to mention it, to prevent some potential disappointments. Every trade carries a risk. Am thinking of posting LIVE (more active) TE tough... Will see how it goes... I guess it wouldn't be bad to make some parallel/scrambled trades in LIVE TE, from time to time...

So tnx to all for all the contributions so far. Hope we can all benefit from this group effort. Take care.

Atm planing to ride eurusd buys, when I come back

First post here at Forex Factory, been a long time source for Calendar events for me, trading the forex currency market just over 10 years now.

So lets enjoy the holidays like auricforecas has said above, I agree that tips/signals should be the responsibility of the trader, managing their own trade plan from entry/stop/take profit etc.

auricforecas, I am with you on the buys right now.

Looking forward to participating in this group when I can.

Current trade:
Buy @ 1.0784
4 Lots
Stop 1.0750

Currently sitting +145 pips (x4).

now i don't have an open position in this pairs.
my bias is also neutral because anything can be next week.
i will just follow the trend.

happy the weekend to everyone.

I am still bullish with this one folks,

We have a higher high and a close above the last candles close in the daily chart,
So bullish for me.

Easter monday here in the land of OZZ is a bank holiday,
So I see a weak start with EUR/USD, and a possible low/bounce of the 1.09185 area.

Trade wisely and Time will reveal all folks.

Attached Image (click to enlarge)

i think the bull trend is not over yet.
until I get the opposite signal I hold the position.
therefore long. 1.09178.

EUR/USD Will Decide on Direction
By
RoboForex Ltd
-
Apr 13, 11:15 GMT


On Monday morning, the major currency pair is barely moving: a lot of investors from the Catholic world have been rather inactive since last Friday due to the Easter holidays, that’s why today’s economic calendar is almost empty.
When the market is calm and there is no news, it’s high time to learn different opinions and predictions for the future. For example, the CBA (Commonwealth Bank of Australia) attracted attention by saying that it might make sense to buy the Euro against the USD with the target at 1.16. The argument is that effective economic policies and measures taken by the Eurozone will provide the financial stability of the region.
Indeed, last week, finance ministers on the Eurozone agreed on a new tool to support the region, the ESM, which is an extended credit line for the alliance members. The countries that suffered most from the coronavirus pandemic and its consequences will get access to a huge amount of liquidity. The ESM will be an additional measure to already existing support mechanisms and the combined effect will help the Eurozone to recover rather quickly.

Such a strategy really looks very promising, but it’s better to wait for the first results.
In the H4 chart, after returning to 1.0940, EUR/USD is consolidating at the top of this ascending wave. After breaking the rising channel’s downside border, the pair may form a new descending wave with the first target at 1.0888. Later, the market may start another growth to reach 1.0920 and then resume trading inside the downtrend. From the technical point of view, this scenario is confirmed by MACD Oscillator: its signal line is moving outside the histogram area but still above 0. If the line breaks 0 to the downside, the pair may boost its decline on the price chart.

Next step?

EU long positions T/P 1: 1.0932 wait and see
T/P2: 1.0946
short eu 1.0945 tp 1.0920

EURUSD BUY
TP 1.0960

i am late I just notice your call

TakeProfit (TP) achieved. Success.

P.S. And very clean! Very little counter since the timestamped post... And it was rather "quick", all considering...
Also: It was a cheetah candidate, in retrospect. Also much more profit potential was possible (underharvested signal).

Looks like this may be time to take profits, me thinks it's a W.


Maybe a little short try, just small lot size as confidence is not high.

I got into a short at 970. Targeting 950.

(RE)ENTERED EURUSD BUY, just now... Will CLOSE when I see fit and will post (quote this post) it here in this EURUSD Pro thread.

We have double top on 5 minutes chart? I'm expecting short?

Out at 1.0961. Not a "W" by my definition so best to cut and run. -10 pips but only .1 lot so I lost $1

Tp 1.1025