EURUSD - Chart - Trade Plan - Daily Outlook - 3-25-2018
Not much change on EU. The uptrend is still going on its way. I am looking for long as long as EU stays above 2285 and 2240. The deadline for my long bias will be 2145, below that, I would look for short.
On the upside, next minor resistance at 2412/45 and look weak imo, I might short scalp around 2554. Breaks that level, I would long only until above 27ish/30ish.
My plan now, pending long around 231ish and below with SL close below 2285 or 2240. My long entry last week could be a perfect one. Lets see what I can do this week
2370 atm
So far since I moved to Steamit I have the record for my live trade:
Steamit - EURUSD - 2018 : [(25+53)+(14)+(52)+(-2)+(-42)+(-20)+(23+14)+(-6)+(14)+(72)+(82)+(10)+(26)+(-14)+(46)+(-3)+(14)+(8)+(24)] = +390
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.
Today chart:
UPDATE 1:
Pending long around 231ish/2ish, will try to hold up above 2400.
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OMG, I miss my long entry at 2295. That was my plan last week. Pending scalp short just above 2445 for 30/50 pips pull back.
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EU just broke 2388, could rally up to 2412/45 soon.
Back to bed, pending long around 232ish, alarm is on.
2389 atm
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Finally it moved as I thought, it just broke 2412, highest level at 2417. Next resistance at 2445. It could give some pull back from here or at 2445 but I prefer to buy at the pullback NOT sell the top for the pullback. I might short just right above 2445, targeting no more than 40-50 pips.
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2431 is interesting .... ! My radar is on.
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Last week high at 2388, it is above that level this week so next fib ext resistance will be at 2423ish... that is why I might short around 2331 or 246ish is better.
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It is very interesting that it moves like what I draw on my chart and how I miss my long entry at 2295 now. I am about to short scalp for no more than 30 pips. If I am in the DD, I might cut loss and stay away for pull back then long. Remember that, my plan is LONG not short so SHORTING at this moment is little bit risky, I am looking for an entry now.
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I am in! just shorted!
Remember that I will get out if any spike up that kills the 2445 levels. I just mentioned at previous post that I will short just right above 2445.(Read second post at UPDATE 1)
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UPDATE 2:
Just shorted at 2445! pending another one at 2468/71. First little support at 2398, my target temp set at 2401. Still looks risky for short here imo but 30-40 pips DD is not hurt much but I have to find the way to get out. 2555 is coming, already above 2445.
2443 atm
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Looking bad atm, I know shorting is dangerous. EU closed 4h at 2444, no good.
Lets see how the day closes.
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Closed at BE right here, keep pending short scalp at 2466. Another pop up before pull back. Will buy at the pull back.
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I will update my chart later tonight!
Have a good evening guys!
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Edited: 2471(no more at 2466)
2446 atm
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Changed my mind a bit. Jump in short again right here at 2455, just worry that I miss the pull back.
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UPDATE 3:
Keep another pending at 2471 too.
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Closed my short here at 2445 for +10 pips, pending Long.
I am not comfortable with this short!
Against the trend is too risky.
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New chart?
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damn I missed your upvote on the last one.
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Stop advertising on my blog!
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