Daily trading plan, ideas and analysis for the EUR/USD

Hi, I will start a new Research service: Daily trading plan, ideas and analysis for the EUR/USD.

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By Deutsche California Trading Group.

FAQ: If your analysis is profitable why you need to sell? First, because I want to help people, because the majority lose money. My goal is to make a living from trading, but if on the road I can help someone, why not? My second goal is to make a high quality analysis for the EUR/USD. Looking my results as a trader and a technical analyst, my analysis have better results.

Disclaimer: Never risk more than 1% of your account per trade. The content on this forum is provided as general information and education only and should not be taken as investment or trading advice. All content, including links to other websites, shall NOT be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. Any action that you take as a result of information, analysis, or content on this forum is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Greets,

Trading plan for today: Bullish Bias above 1.0700, looking for 1.0800

(A) Short at 1.0820, target 30 pips or Short at 1.0995 for 10 pips.
(B) Short below the breakout of 1.0719 for 20 pips.

Key Weekly levels:

R7 1.1133
R6 1.0994 Good level to short
R5 1.0864
R4 1.0840 Stronger Resistance
R3 1.0800 Strong Resistance
R2 1.0780
R1 1.0750
PP 1.0725
S1 1.0710
S2 1.0700
S3 1.0680
S4 1.0650
S5 1.0623

20 pips achieved

Trading Plan for today:
(A) Short at 1.0772 for 10 pips.
(B) Short at 1.0820 for 30 pips.
Bias: Above 1.0700 is bullish looking for 1.0800. Below 1.0700 will look for 1.0670. My sentiment is bullish on daily and 4 hour. Keep selling the rebounds.

Asian open start with a correction for the EURUSD, but a clear direction of the movement we will have on the european open. Technical analysis suggest to trade the symmetrical triangle breakout.
But our main trading strategy is to keep selling any rebounds near 1.0777 and 1.0800 for 40 pips.
Also, we will look to sell when the RSI is above 70 on 15 minutes, 1 hour or 4 hour chart.

H1 CHART, EURUSD on a strong support, poised to rebound a little bit. Daily chart is bearish looking for 1,0822 and then 1,0577. BUT, EURUSD can make a nice rebound on the key level of 1,0822. Can rebound towards 1,10-1,12. A Breakout below 1,0822 would trigger new short positions towards 1,0700 and 1,0577. Another levels to short are 1,1214 and 1,1377.

1,0577 - 1,0461 can be a Macro BUY (long term). I don't think the eurusd will give us a new low this year, because below 1,0461 the US economy will be very hurt, so the FED will support that level. That's my feeling. Greets

EURUSD STRATEGY - Friday, July 17, 2015
Analysis was made 60 Minutes Before London Open
#fx #forex #eurusd

Thank You Kang

EURUSD at a key resistance level. If EURUSD broke that resistance, would be very bullish.

EURUSD H4 Downtrend channel dominate short-term bulls, keep selling the rebounds.

The short term trend is bullish only if the EURUSD stays above the key support of 1,0800 and below that we will open new shorts targeting 1,0668, 1,0530 and 1,0462. But in the medium term the trend is bearish so we will keep selling the rebounds, a daily close above 1,1530 will change our vision.

08/03/15 Daytrading strategy: Sell below 1,0963 for the first target @ 1,0921 then 1,0868 and finally 1,0807 (Strong support - possible BUY). If the pair rebounds at 1,1070 we will open a short position for 1,1010 (stop loss 1,1130).

08/03/15 Daytrading profit takings levels: 1%= 1,1093; -1%= 1,0875; 0,5%= 1,1038; -0,5%= 1,0930; 0,25%= 1,1011; -0,25% 1,0957.

Daily chart strategy: Sell order @ 1,1370. Taking profit 1,1190. Stop loss 1,1490.

Our levels:

1,1646
1,1530
1,1465
1,1434
1,1409 (Strong Resistance - Possible Sell)
1,1276
1,1214
1,1195
1,1128
1,1083
1,1050
Our Pivot : 1,1020
07/31/15 Close: 1,0984
1,0926
1,0866
1,0822 (Strong support - posssible buy)
1,0786
1,0733
1,0667
1,0625
1,0570 (Strong support - Possible BUY)
1,0520
1,0493
1,0455 (Strong support - Possible BUY)

By Deutsche California Trading Group - Technical Analysis Research
Contact us @ [email protected] / Skype: gilgalmarkets / Twitter: @EurusdToday
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Disclaimer: Never risk more than 1% of your account per trade. The content on this forum is provided as general information and education only and should not be taken as investment or trading advice. All content, including links to other websites, shall NOT be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. Any action that you take as a result of information, analysis, or content on this forum is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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Since 08/01/15 all research will be published on this thread: "EURUSD Trading Signals and Technical Analysis" http://www.forexfactory.com/showthread.php?t=551543

I will no longer use this thread.

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