EURUSD

Long EU

Today's 23/02/24 Support & Resistance on MT5 Template
EURO

Going short. Rejection off 1.0830. Technicals look like reversal is on the way. Target for now is swing low of previous day.

Staying the Course...........SHORT. SL as shown.............

i think this is difficult to trade, done for the week.

@ 4H

Dear @Js3mwtRc,
I hope this message finds you well. As promised, I've taken the time to prepare both the MT4 Templates and an Image of the Pivots. It took a bit longer than expected to find a convenient method, but I'm pleased to say that I've managed to streamline the process and can now consistently share images alongside the MT5 Templates.
Furthermore, I'm excited to share that I've developed an Excel Formula, dubbed "Pivot Points Calculator," tailored to calculate pivots for all currency pairs. I'm eager to hear your thoughts on this development, and I welcome feedback from anyone in our esteemed forum community.
Thank you for your patience and support.
Best Regards,
Avir

checking pa good try bonce to get 0897 but at resistance , and probable correction below 0732 possible before retest that level for 1016 spike up weekly nut whatever if may try bounce the targets go lows . so weekly bounce tries to have top failure weekly tf and continue bear most possibly . breakout level next days 0825 for 0732 down to 0897 and up ! lets see , take care

EURUSD price action on the H4 time frame was in a bullish corrective mode but went sideways on Thursday and Friday after a bearish challenge. The technical structure favours bears but we may still see further northward move before a southward turnaround.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

Long term view for EUR/USD .

Strong Supply area confluence with Distribution phase (still uncofirmed) and double test of MA200 on Weekly timeframe could lead to a Fresh Decline phase with further drop below $1

How come it is above the 1.08 Level as the current price is at 1.08164

short 39 SL 60

stopped

My situation: Short with SL at 62

BP 5' --- Short here , too. SL at 1.27 02

Today's 27/02/24 Support & Resistance on MT5 Template
EURO

Hello again!
So, I have been taking it slower with trading this week so far, and keeping things simple. Also busy with other things in real life.
But now, finally another bearish signal. I have 8 EUR/USD shorts in place. Let the dump begin. TP = 1.07. Hopefully it is achieved this week.
Oh, and I already did finish the +100% goal for 4 of my $100 Live accounts, reaching $200. And I did have the funds to invest another $200 in each of them, now starting with $400.
So, here goes. Good luck!
P.S. I will update my numbers soon here and on Trade Explorer.

I closed 2 shorts with good profit near 1.084, which looks like a temporary support zone. Watching to see what happens next...

Today's 28/02/24 Support & Resistance on MT5 Template
EURO

So, I took some time off from trading after my setback last week, then got back in slowly.
So far, I have made back some of the net equity I lost, ready to continue trading to new highs.
Currently, I have 5 EUR/USD short positions in place. TP = 1.07.

4 Level 2 (Live) accounts have reached +100% ROI, and have been upgraded to Level 3 ($400 to $800) by depositing another $200 into each of them, excellent progress for the end of February.
My next goal is for at least one Level 3 account to reach +100% ROI by the end of March, making it eligible to be upgraded to Level 4 if the funds are available.
It doesn't matter whether I actually reach my goals in time. The goals are there simply to give me the motivation to keep trying.
I will update my Trade Explorer next weekend.

My leveling system is as follows:
Level 1 (Demo $100k to $200k)
Deposit $100
Level 2 (Live $100 to $200)
If funds are not available to deposit $200 to start Level 3, then I will trade
Level 2.5 (Live $200 to $400)
or Deposit $200
Level 3 (Live $400 to $800)
If funds are not available to deposit $700 to start Level 4, then I will trade
Level 3.5 (Live $800 to $1,600)
or Deposit $700
Level 4 (Live $1,500 to $3,000)

Current progress so far:
11 Level 1 (demo) accounts are finished at +100% ROI.
4 Level 2 (Live) accounts are finished at +100% ROI.
7 Level 2 (Live) accounts started with $100.
4 Level 3 (Live) accounts started with $400.
Current Net Equity results from best to worst:

#3 Level 3 = $419.62 (+4.91%) (1 trading day)
#1 Level 3 = $416.26 (+4.07%) (6 trading days)
#2 Level 3 = $400.00 (+0.00%) (1 trading day)
#4 Level 3 = $400.00 (+0.00%) (1 trading day)

#9 Level 2 = $140.06 (+40.06%) (17 trading days)
#10 Level 2 = $128.39 (+28.39%) (14 trading days)
#6 Level 2 = $115.90 (+15.90%) (29 trading days)
#7 Level 2 = $108.37 (+8.37%) (29 trading days)
#5 Level 2 = $104.79 (+4.79%) (30 trading days)
#11 Level 2 = $78.98 (-21.02%) (11 trading days)
#3 Level 2 = $73.60 (-26.40%) (32 trading days)

Combined results for live accounts:
Deposit = $1,900.00
Net Equity = $2,385.97
Profit +$485.97 (+25.58%) (11-40 trading days)

Overall equivalent results of Total (Demo + Live) accounts combined (11 Level 1 (Demo) accounts @ $200k each + Level 2 & 3 (Live) @ current % ROI)
Deposit = $1,100,000
Net Equity = $3,136,060
Profit = $2,036,060 (+185.10%) (25-65 trading days)

Average 41.18 trading days per account (11 Demo + Level 2 & 3 accounts combined)
Average +2.58% ROI per trading day (+13.58% per week, +73.68% per month) compounded.