Gereltod's Blog

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100 to 1m day #4

Good day!
On a 4hr chart EURUSDU is quite oversold for the moment, thus price is expected to have reversal soon. Reversal may take couple of days. This movement could bring 100+ pips, so we could stack positions on every bit of retracement along the way. Our target would be around 1.1550 area, thus I'd place my tp's at 1.1540.
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100 to 1m day #3-2

retracement is lacking momentum resulting price level to drop back to previous low. Therefore, price level is expected to test 1.1400 area. I have switched my long to short with tp 1.1405
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100 to 1m day #3

Hi fellow traders,
EU prediction hasn't changed much since my last post.
https://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=224876
Expecting bit of retracement till 1.1520 area. Keep SL's below the new low.
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100 to 1m day #2-2

Hello,
EURUSD is steadily falling and showing miniscule signs of retracement. If we want to seize some pips on this retracement, I suggest to enter long now with 60% of your regular trading amount, and later on if price continuous to drop re-enter again with 40%.
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marwanmdzainal avatar

Agreed, I am currently long now and together with GBPUSD

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100 to 1m day #2

Retracement not strong enough to gain ground, thus selling would be advised until reversal signals appear
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Gereltod 11 Nov.

Prior trade has been closed and switched with short

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