EUR/USD

When 70% of the traders and analyzers are selling the pair eur/usd with the idea that it will go back to parity then it’s the right time for me to buy it. Especially at 1.1100 - 1.1080 that's the turn point for the next leg up to 1.1700 before the end of the year
If you are thinking that FED will increase interest rate by 0.50 -1% you are dreaming. the most probable scenario is the 0.25% and that is already priced in that is the drop from 1.16 to 1.11 yesterday you can see on the chart below that I started buying at 1.1530, 1.1440, 1.1335, 1.1235, and I will buy it today at 1.11 targeting a take profit above 1.15 up t0 1.17
we might see a deja vu on the next FOMC an increase of 0.25 will be negative for the USD and the pair will fly again back to 1,14 intraday or no increase at all till august which will result to a same rally up to 1.14

The EURUSD attempted to push higher last week topped at 1.1415 but whipsawed to the downside and closed lower at 1.1252. The bias is bearish in nearest term retesting the lower line of the bullish channel as you can see on my daily chart below, located around 1.1130 region which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.1285. A clear break above that area could lead price to neutral zone in nearest term testing 1.1320 area.

i agree with you that is very good buy the 1.1130 level but i disagree with the stop loss. if you know how to manage your trade and control your risk and exposure there is no need for stop loss

Hello traders good to be back with you on another Monday the beginning of a new trading week as the markets remain I would say unstable with Brexit 9 trading days away. I am looking today at the EURUSD as I do on most Mondays and we are so bearish on this pair so my bias is to sell this. So the plan will be to sell this we can see on the chart we see that we have bounced off support at 1.1245. I have placed a Fibonacci tool on the chart and look for a retrace to the 38.2 level at the price of 1.1280 and it is also the 200 ema. I will look for a bearish formation with conformation for a day trade short. I am looking to take profit at the 1.1143 price level that is support. Traders we must be a day trader or scalp as the market is so fragile so we need to protect ourselves and our positions.

petros72 posted:
i agree with you that is very good buy the 1.1130 level but i disagree with the stop loss. if you know how to manage your trade and control your risk and exposure there is no need for stop loss

Защитный стоп-приказ (stop-loss) необходим всегда, для НАДЁЖНОГО управления счётом!
Другое дело, что Вы можете использовать другие уровни, оставляя резерв для хода цены. учитывая таким образом 'рыночный шум'.