Saturday, May 19, 2012

EUR/USD Technical Analysis



October 22, 2009 by Forex Superb  
Filed under Technical Analysis

We could have strong support at trendline from image, 1.4950 is good opportunity for buying euros, probably I will buy one lot, my first TP 1.5030, stop loss below 1.4910 it’s daily support S1.

This is risky trade, don’t try at home.

Good luck!

EUR/USD Technical Analysis

EUR/USD Technical Analysis

Edit:
I’m close 0.5 regular lot at 1.5000, and move my stop loss at 1.4960 Waiting for TP1.
After price reach my T1 level 1.5030, closed 0.3 lots. Now I’m waiting for new TP2, under daily R1 (1.5070), stop loss 1.4980, left 0.2 regular lot.

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  1. [...] thursday I have profit around 500$ on buying euros, today we have possible sell opportunity. Now is the right time for selling. The main reason is [...]

  2. [...] days ago I’ve opened the position thanks to these areas and this is how I’ve planned it all. While looking at the area of sideway [...]



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