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Price continued to fall and is bouncing off of the red ML on the chart above. An ML entry is always tricky because of the conflicting possibilities. Trade your edge or use a shorter time-frame for quick trades if you must click .
Take care,
FX4Newbies
Good Morning to all,
EU has been trickling downward. Approaching support. Just let price lead. The second chart shows the bigger picture.
Take care,
FX4Newbies
EU continued south after the NFP announcement. Weekly chart wrap-ups should be on the blog tomorrow.
Take care,
FX4Newbies
Just letting you know that the weekly chart wrap-ups are now posted on the blog. Also, please consider taking the poll (just one question). It would help in determining the next step to help traders.
Thanks,
FX4Newbies
P.S. Also posted a new article: Strength Training For Trading.
Chop-
EU has been very choppy...short swings with long shadows. At an ML on the Daily. Maybe there is a big war going on. Don't get caught in the cross-fire
.
FX4Newbies
Hello Traders,
Here is my view of the EU at the moment. Hopefully it will help to clarify what you are already looking at.
Take care,
FX4
P.S. Busy day again today.
Good Morning Traders,
Major news today. Sometimes news can push price to target. Be careful trading...so will I
.
FX4Newbies
WLs In Action
Quick post. Price has been respecting the WLs. News today. Trade well.
FX4
Good Monday Morning Traders,
Hope you enjoyed the weekend. Here is a chart of the EU. Trying to go higher but in a corner. Will the bulls win?
FX4Newbies
P.S. Red fork (Mod. Schiff) uses a virtual pivot for Pivot 1
Hello again,
Showing an updated chart of the EU here on H1. Price ran out of steam at the U-MLH/WL intersection. Price on Daily at a point of decision. Wait for the tell.
Take care,
FX4Newbies