EURUSD - Chart - Trade Plan - Daily Outlook - 3-16-2018
EU has broken triangle channel and and I was respected that it will drop to retest the minor support at 2269 and it did. I booked profit at 2330 for my long position(from 2304) with +26 pips just before the drop. I was pending short at 2355 but missed it(the high was 2337) so I missed the train, however, it was not a big deal as long as I have not stayed in the down draw. I switched to pending long at 2266 and that was a good entry for scalping long but I have decided to get out because the week will be ended in couple hours and it could drop down further or could be a gap down for next week open and also it is below the week open at 2309.
My plan now: if there is a gap down below 2269, I might jump in short early at 2321 with SL with closes above 2337. Otherwise, I will wait for 2355 to short this pair.
For the bull, I will try around near 2154 and 2055. Weekly is still ranging, buy dip, sell high. Month was open at 2192, a closes below that, we will see a hard drop.
2290 atm
WARNING: I could hold up to 3-6 positions(200-400 pips DD) for scalping , 4-10 positions(400-600 pips DD) for medium and long term trade AND ALL COMBINED EQUAL OR LESS THAN 3% of my account.
So far since I moved to Steamit I have the record for live trade call :
Steamit - EURUSD - 2018 : [(25+53)+(14)+(52)+(-2)+(-42)+(-20)+(23+14)+(-6)+(14)+(72)+(82)+(10)+(26)] = +315 pips.
Thank you for your support, upvote and retreem!
Good luck with your trades !
This is my personal view, hope this can help your trading idea.