The Intraday face of EURUSD

Did you miss the huge 168pips trend line break or the 80pips retracement move? Well if you did, here is another intraday trend line channel ride you wanna join. You can ride the channel with your favorite indicator or a simple trend line break. However, i will be looking to enter short if and only if a setup shows up around green trend line (should price move higher).

Happy Trading!

Comments

GOLD Is Set To Rally

OIL TRADE

Having now completed my expected pattern, I think the time is right to start scanning for a possible shift to the upside

Where is the EUR$ heading?

The EUR$ trend is just about being defined. It would be alot more easier to upload an update for EUR$ chart after NFP. But considering price proximity to the defining trend line, i thought it just might be okay to drop this update today. This is a typical trend line retest and should be an easy trade... wait for a confirmation of bullish momentum if trend line is taken to the upside, otherwise look to take a short signal on re-test. Happy Trading!

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