This week I have travelled to the west coast of France, with just my laptop and a rucksack. I'll be working here like usual, I love the freedom this job offers me.
This week I am looking to continue the current medium-term bullish trend on EUR/USD, with buys from a pullback to 1.087 or a continuation above 1.093.
I aim to ride continued buys after our very short and quick bearish correction towards the end of last week.
We have some noticeable news this week:
The ECB Banking forum spread over the week.
Tuesday - US consumer confidence.
Thursday - US jobless claims and US Quarterly GDP.
Friday - Lots of European and US data.
At first glance, I'm not too fond of the week ahead. Because of the news I highlighted above and this week being the last week of the second quarter of the year.
This week I am looking to continue the current medium-term bullish trend on EUR/USD, with buys from a pullback to 1.087 or a continuation above 1.093.
I aim to ride continued buys after our very short and quick bearish correction towards the end of last week.
We have some noticeable news this week:
The ECB Banking forum spread over the week.
Tuesday - US consumer confidence.
Thursday - US jobless claims and US Quarterly GDP.
Friday - Lots of European and US data.
At first glance, I'm not too fond of the week ahead. Because of the news I highlighted above and this week being the last week of the second quarter of the year.
Nota
Alternatively, a more risky buy opportunity would be for a short buy at this price sensitivity point.
However, it is a Monday and I'd like Price to shake off its cobwebs first after the weekend and show us its preferred direction. So be careful taking trades here.
Nota
I'm sitting here on the beach looking at others' Ideas for the week and I can't fathom how they come up with these ideas.How is it sane to predict doomsday level drops in your analysis, or drastic 2000 pip price moves?
I create an informed decision on the direction of the Pair based on price structure and I use Economic policy and data releases to create a wider view profile on how the pair may act for the next 24 hours. And then I do it all over again tomorrow.
Nota
Im entering a small half-risk position here.
I like the double bottom and the bullish close to continue higher.
Nota
stopped me, back to the original ideasNota
Have been away from the charts, but it looks like I was a little early in my entry.
There has been a new HH created and if we are looking for continued buys it may look something like this.
Nota
I actually really like this set up.
We have previously had a strong bullish 4hr candle, and now we are potentially on the lower wick creation of the next 4hr candle.
If I see a bullish change of structure and not a break fo the lows at 1.08877 then I'll add to my buy positions.
Nota
Nota
It really isn't that hard to trade when you realise strategies like SMC and Indicators are overcomplicating things.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.