EURUSD - Chart - Trade Plan - Daily Outlook - 3-16-2018
EU has broken triangle channel and and I was respected that it will drop to retest the minor support at 2269 and it did. I booked profit at 2330 for my long position(from 2304) with +26 pips just before the drop. I was pending short at 2355 but missed it(the high was 2337) so I missed the train, however, it was not a big deal as long as I have not stayed in the down draw. I switched to pending long at 2266 and that was a good entry for scalping long but I have decided to get out because the week will be ended in couple hours and it could drop down further or could be a gap down for next week open and also it is below the week open at 2309.
My plan now: if there is a gap down below 2269, I might jump in short early at 2321 with SL with closes above 2337. Otherwise, I will wait for 2355 to short this pair.
For the bull, I will try around near 2154 and 2055. Weekly is still ranging, buy dip, sell high. Month was open at 2192, a closes below that, we will see a hard drop.
2290 atm
WARNING: I could hold up to 3-6 positions(200-400 pips DD) for scalping , 4-10 positions(400-600 pips DD) for medium and long term trade AND ALL COMBINED EQUAL OR LESS THAN 3% of my account.
So far since I moved to Steamit I have the record for live trade call :
Steamit - EURUSD - 2018 : [(25+53)+(14)+(52)+(-2)+(-42)+(-20)+(23+14)+(-6)+(14)+(72)+(82)+(10)+(26)] = +315 pips.
Thank you for your support, upvote and retreem!
Good luck with your trades !
This is my personal view, hope this can help your trading idea.
UPDADE 3 :
I did change my Entry at 2351 but still kept the pending at 2336/2354 lol
Less risk at 2351 there :), 2351+ spread+slippage, should have triggered at 23503...
Just done at school! Driving home now! bbl !
If it breaks out the upside, I will wait for 2381 area to short scalp again against 2412 close.
closed at 2351 (-14 pips).
4h closed with full bullish one!
Pending another one at 2381 and long around 229ish/230ish.
I did not remove the second one at 2355 too, it just triggered.
I am holding it. Will eat the DD to next short pending at 2379+spds
2336 is not bad entry but I want 2355/2379 :)
I am at home now! 2352 atm
Shorting at 2355, targeting 2320/2308
Long scalp pending at 2295
You need to short order by "Age" to see the latest update.
Previous week high at 2412, as long as it stays below this level, shorting during the week will be safe. However, its just broken 2337 and now I will focus on 2379/81 before 2412, many resistance levels there.
UPDADE 1 :
I was in long and got a good entry at 2266(pending triggered), should hold for 20-30 pips 2286/96, easy money but week ending scared me, chicken out... :)
ETH and Ripple look good to buy now, will wait for little bit lower. Steem dollar just hit $1.53, good price for me to buy some.
If there is a gap down, I will look for short.
Pending short at: 2336/2353
Also long pending order at: 2155
The lowest point last week was 2260, below 2269 that would be a hint for a drop down lower than 2260. Let see! 2262 atm
LH and LL on Weekly chart, good sign for BEARS !
UPDADE 2 :
It has 100 pips+ to go to next support at 2154 if it breaks 2269.
I'll keep same pending short Entry!
2266 was a good entry last week huh!
2351 now is on my radar!
First short pending just triggered at 2336!
Another one will be the same at 2353!
2335 atm
Quick target near 230ish first is where I am looking for!
I might close this trade if it closes above 2337, and reentry higher price.
So far, 4h/daily closed above 2269 and 2256 is minor support for the bottom now.
Omg, 2266 was a great entry, the thing is I could not hold it longer :(
1 pips slippage made it 2337.
Will set temp around 2306, if it triggered the other one at 2354, I will try to close the first one at 2337 first!
1h will close within 10 mins, still above 2337, scared me a bit but stick with my plan then.
2347 atm
bbl !
Hi Angelina, what is your sl on 2353? 2358 is enough?
Great!
:)
successful analysis.thanks
New chart?
Nvm, it is the same :) !
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