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.
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.
EU just broke 2388, could rally up to 2412/45 soon.
Back to bed, pending long around 232ish, alarm is on.
2389 atm
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.
2431 is interesting .... ! My radar is on.
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.
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.
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
Looking bad atm, I know shorting is dangerous. EU closed 4h at 2444, no good.
Lets see how the day closes.
Closed at BE right here, keep pending short scalp at 2466. Another pop up before pull back. Will buy at the pull back.
I will update my chart later tonight!
Have a good evening guys!
Edited: 2471(no more at 2466)
2446 atm
UPDATE 3:
Keep another pending at 2471 too.
Closed my short here at 2445 for +10 pips, pending Long.
I am not comfortable with this short!
Against the trend is too risky.
New chart?
damn I missed your upvote on the last one.
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