Sunday, April 12, 2015

EURUSD Trend Analysis

Our strategy begins from the daily timeframe to hourly timeframe which is our basic trading frame for swing trading...Following a trend analysis approach with multitimeframe strategy..I suppose u will get the point after few posts....

The daily trend bias is full short as u know..The 9/4 candle has activated a possible double top..At the present found a temparary support at 1.06 but i m afraid that it wont avoid 1.05...



 Indeed full sell bias here..I think that new pull backs to 1.072...1.08..1.085..will give new opps for selling...


This frame gives our tradable trend..Prices is in bearish mode as long as remain below 1.075 - 1.08. The stoch will give us the proper trading setups for new sell setups...


1 comment:

visarionas said...

καλησπέρα κ χρονια πολλα.την πειραιως την βλέπεις πιο χαμηλα από 0,3347 μετα τα σημερινα?ευχαριστω.