But I did open a position as shown in my last post on Jan 12 and I'm sitting on 200+ pips of profit. Gamblers don't understand that. They have no patience for trend trading.

EURUSD

I follow technical and fundamental analysis for trend trading. Moving averages can indicate where to enter or exit a trade with profit or loss. Gamblers just randomly trade without thinking and they lose their money quickly.

EURUSD

Next week, I would consider selling EUR/JPY in the range between 130.5 and 128.5.

EURUSD

because the market is not logical and I'm not buying just to gamble on small time frame charts gambling is how money is lost quickly

EURUSD

url Here is how I would sell EUR/USD in the coming days and weeks if I were to come in fresh. I would avoid buying for now.

EURUSD

url The article explains that the ECB will be dovish. I'm selling rallies in EUR/USD, EUR/JPY, EUR/CAD, and EUR/GBP.

EURUSD

This is more fun to watch than the EUR/USD chart today video

EURUSD

url Bought at 114, stop loss under 113.7, take profit 115.5+

USD/JPY Discussion

Probably back in the same range again until the FOMC next week.

EURUSD

video

EURUSD

What about if a company doesn't want to keep USD due to higher interest rates? Can't they convert it to some other currency and invest it outside of the U.S. to support their operations?

EURUSD

stuck around the 55 DMA so far today and the bulls look exhausted already

EURUSD

If you believe in following trend lines, then look at the 55 DMA and 100 DMA. I think that if the daily candle closes under the 55 DMA today, then the bulls are done. If not, then maybe they can try to reach the 100 DMA this week or next.

EURUSD

But you don't know which line the market will follow. I can draw lines with moving averages on the EUR/USD chart. 100 hour MA, 200 hour MA, 100 DMA, 200 DMA..., but it doesn't tell me where the price will go in the future. If it was that easy, then ...

EURUSD

I took 50% partial profit and adjusted the stop loss to 1.142. New target profit level is 1.118.

EURUSD

It will crash after the BOC rate decision. For now, I expect it to rally. I will be selling USD/CAD and EUR/CAD. url

EURUSD

image

EURUSD

I show the 100DMA and 200DMA as trend lines. It doesn't look like the trend is over. Dollar bears can be trapped if they sell and expect the dollar to be weak in 2022. You could probably say that the trend is 100% over if EUR/USD somehow manages to ...

EURUSD

url The weekly and monthly trend is still bearish for EUR/USD. Out of the G10 currency pairs, I think that the best trades will be to sell EUR/USD rallies, buy USD/CHF and USD/SEK dips.

EURUSD

It could go through it easily, but it could also be a bull trap. I always look at the daily chart to determine entry or exit levels. I also consider what is on the economic calendar and the fundamental analysis.

EURUSD