Posts Tagged by eur

EUR/USD Trade Set-Up Aug 25

The pair has converged into a triangle like pattern after  strong moves last Friday.  In the triangle I have not actually included the extremes of that day in the triangle, although they do actually connect quite nicely.  These extremes have been left out as they were due to a news event which will not repeat…

EUR/JPY – The Forex Trading Day Ahead & a Lesson

It has been a while since I posted on this pair, and it is a great one to trade as it generally has a large daily range.  Anyway, I noticed something glancing at the chart and thought I would post it.  The key thing  below is the “old trend” line.  If you draw a trend…

EUR/USD Trade Idea – Aug 16/17

The EUR/USD pair has been in a tightening range after a very strong move a couple weeks ago.  This has formed a triangle formation and points to breakout either higher or lower of roughly 400 pips from the breakout point.  With the overall trend still up, the bias is for a break to the upside,…

Tightly Wound Pairs and Strong Trends – Which Pairs to Trade? And How?

Today I am going to briefly go over a few things to notice in the markets.  For those of you who actively trade you will have noticed certain pairs have died – meaning volatility and movement has decreased.  Other pairs have been extremely active and have developed strong trends. Certain strategies work during certain types…

Battle of the EUR/USD…Who’s the Winner?

Here is a longer term view of the EUR and USD relationship.  Adam provides his analysis in this video of where the pair is likely to go. What I like about this video is he demonstrates a simple way to calculate profit targets.  The method he describes I use myself in conjunction with other profit…

EUR/USD Long Term View

There are a few analysts I really respect and one of them is Adam over at Ino (Market Club). Here is a great video on the EUR/USD pair.  It is a longer term view of the pair, but is very valuable and informative for traders on all time frames. What I love about these videos…

EUR/USD Makes a Strong Move

The eur/usd currency pair scorched higher today, moving almost double its 12 day average (daily) range. Breaking above daily support at 1.4000 it appears a new swing up is developing.  The next resistance level is at 1.4170 with a push beyond likely to test the recent highs at 1.4330.  Moves beyond indicates profit targets of…

EUR/USD Interesting Position – 15 or 30 Minute Charts

The pair just broke minor and a major support ~Cory Mitchell, CMT Chief Market Strategist Remember, failed breakouts are tradeable too! ———- Want to learn more about chart patterns or other trading methods?  Check out my Trading Courses page. ——— Are you interested in getting into trading? Or if you are already trading and dissatisfied…

EUR/USD Day Trade Idea – 15 or 30 Minute Chart

June 18, 5:44 AM GMT Please read the latest How to Use the Trade Ideas blog if you have questions. If you still have questions after, feel free to comment With a short term uptrend in place we have a favorable set up for a buy.  A push above 1.3980 would indicate a profit target…

EUR/USD Update and Broader Outlook

If you read my earlier post about the potential trade today in the pair (http://vantagepointtrading.com/archives/1742) you will see the trade never materialized.  In the comments to that post I wrote why the trade didn’t materialize. That the trade didn’t happen is fine, but the drop below the 1.3800 was a bit more unexpected and deserves…

EUR/USD Day Trade Idea 1 Hour Chart- June 14

The EUR/USD has formed a “sling shot” in the RSI indicator.  It can be seen on the hourlies through the dailies.  This indicates a day trade but also a swing trade as the sling shot unfolds on longer time frames.  We will look at the hourly chart for this potential trade. The sling shot indicates…

EUR/USD Forex Trade Analysis – Daily Chart

May 14 9:05 PM GMT The EUR/USD, Currently trading at 1.3639, is closing in on a strong resistance level at 1.3700.  This level has been tested and penetrated, but has so far failed to close above it.  A close about the 1.3700 would signal an uptrend in the pair, with a profit target of 1.4500…

EUR/USD Forex Day Trading Signal – 15 Min Chart

May 07 2:14 AM GMT The following is a forex market commentary based on technical analysis for the EUR/USD currency pair. It is based off of a 15 minute chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the…

GBP/USD Forex Swing Trade Signal – Daily Chart

May 06 6:53 PM GMT The following is a forex market commentary based on technical analysis for the GBP/USD currency pair. It is based off of a daily chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the Trade…

EUR/USD Forex Day Trading Signal – 15 Min Chart

May 06 6:00 AM GMT Thank you for your patience.  I have moved to a beautiful new location, am settled in and I will once again be posting forex trading ideas daily. The following is a forex market commentary based on technical analysis for the EUR/USD currency pair. It is based off of a 15…

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