EURUSD - Chart - Trade Plan - Daily Outlook - 3-19-2018steemCreated with Sketch.

in forex •  7 years ago 

EURUSD - Chart - Trade Plan - Daily Outlook - 3-19-2018
EU has broken minor resistance at 2337, I think it will go up more later to retest 2445 or higher as long as 2257 hold. I was long at 2266 just right below the support level at 2269 but I closed it too early. I also shorted at 2337(minor resistance) it decided to get out with -14 pips loss at 2351 after its broke that 2337 level. And jumped in short again at 2355 just before the day closes, targeting 2321/2309.

My plan now: set SL at BE for the short at 2355 and pending long at 2295 and lower, targeting just above 24ish. I canceled my short at 2379/81 and pending another short just above 24ish with SL close above 2412.

2337 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)+(-14)] = +301 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.

EU Chart.png

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Your doing well..

Just ok for now. I might pay back later :)
Hope not....L

yeap

If it breaks 2358, I think it will retest 2412/2445 later!
Back to bed!
Good luck!
Steemit Sort by.png

EU just hit 2309 target.

+46 pips

No more short, waiting for long order trigger
2307 atm

CANCELING LONG ORDER !

I am canceling long order. Chart Patten now has room for the bottom on 4h and daily charts now.
Wait for a BO at 2358 to gets confirm for the uptrend.
We also have "Rate Hike" tomorrow.
I am waiting to see how chart react first, scalp long for 10-15 pips at 2295 is not bad but no more than 20 pips.

Last retest 2358 then drop. 1h did not close above 2358.
Nice!

CANCELING LONG ORDER AT 2295 !

reason!?? Read below :)
We could see a big drop also, 4h, daily charts have big room on the bottom
Remember that, its broken 2269 already, 2257 is the minor support now.

As long as it stays below 2287, it is bearish week.

Pending order at 2295 was cancel just on time huh !?
I wont do any action until it drops near 2154 may be 2055

2275 atm

EU just made new low at 2255(previous low at 2257) and look like no sign of retrace yet. I will focus on 2154 and 2055!
The minor resistance at this point would be 2358(I had a perfect entry at 2255)... I should have kept my short longer :(

2265 atm

I think it will drop more !

As I mentioned in previous post, the low at 2257 is lower than 2269 and that would be a hint for a break out later. No1 sure where is the bottom yet, the down trend looks pretty strong. I dont want to jump in atm.
2250 now

Pending short between 2304-2317
I think eu will go down further!
FOMC tomorrow, watch out.

OMG, matching..... L

Steemit PF.png

I was about to keep my short for lower this morning but I booked profit at 2309 the last min.
If it breaks 2257, a opening gate for 2154 and 2055.