Eur/USD signals

[luckyviva]

Yesterday's prediction gave me 93 pips after a long entry @ 1.3590 and exit at 1.3683. Was tough indeed.

It's a mixed day for the pair and also have some important news releases slated for the day. Watch out and proceed with caution.

Buy on a dip to the 1.3620 level for 80 pips.

Sell from a pullback around 1.3730 (aggressive) or 1.3790 for 60-80 pips.

You can set a SL of 40 in all cases. These signals are basically for the intra-day traders and others can exit at much earlier levels having made a profit of about 20, 40 or 60 odd pips even.

[capsmart]

Hello LuckyViva
And welcome to the forum.
I like your predictions and I more or less agree with them.
Is there a way you predict those areas?

[Gally]

Took the equivalent yesterday on USDCHF, two bounces from the 5/8 line.

Now looking for a pback to the 20ema on EURU, which is at the same point you have it.

[Gally]

Took the equivalent yesterday on USDCHF, two bounces from the 5/8 line.

Now looking for a pback to the 20ema on EURU, which is at the same point you have it.

And missed entry by a whole three pips...

[luckyviva]

Hello LuckyViva
And welcome to the forum.
I like your predictions and I more or less agree with them.
Is there a way you predict those areas?

My predictions are wholly based on technicals with a good feed from the fundamentals as well.

[luckyviva]

Suddenly the sentiment looks 'bearish' with the Eur/USD, so we look to short options.

A good resistance is at 1.3653 and the support is at 1.3537.

Sell primarily from around the 1.3650 mark for 80-100 pips (taking a nice confirmation from the 1hr candlestick). Set a SL of 40 in this case.

And there isn't really an option to go long for intra-day traders, hence we back off.

(Note: Friday's short entry gave me a nice 111 pips that went as per prediction)

[Gally]

First pips of the week taken. On the EU long side. Simple 30min ADX trade