Eurusd daily trading levels

[abdul2012]

Good to know that , thank you Prasanna.

 

[prasanna316]

Sorry folks, I was busy with something for which I could not update. As such there is lack of movement in EURUSD. As I have taken position in USDJPY, hence I am not taking position in EURUSD. But I will mention the levels here.

Trend: Down
Buy Level: 1.3125 as by the time of writing this, price is 1.3129 after touching a low of 1.3122, hence one can take long position now
Target: 1.3141 and then trailing Stop Loss. After 1.3149 next target is 1.3191. BUT WITH STRICT TRAILING STOP LOSS.
Stop Loss: 1.3116
At present level Risk Reward ratio is 1:1

Happy Trading
Prasanna

Well friends, price went up to 1.3142 and then retreat. Now price is 1.3133. Hence done for today, +12 pips. As I had no positions, hence I won't calculate my Balance virtually. Remember, if price goes beyond 1.3149 then you have to go long. I am keeping watch for another 3~4 hrs,hence I will be posting the levels if price goes beyond 1.3149.

Thanks
Happy Trading
Prasanna

 

[prasanna316]

Well friends, price went up to 1.3142 and then retreat. Now price is 1.3133. Hence done for today, +12 pips. As I had no positions, hence I won't calculate my Balance virtually. Remember, if price goes beyond 1.3149 then you have to go long. I am keeping watch for another 3~4 hrs,hence I will be posting the levels if price goes beyond 1.3149.

Thanks
Happy Trading
Prasanna

Well friends, price broke 1.3149, price is hovering around 1.3148. You can go long with Stop Loss @ 1.3140 and Target @1.3190. Beyond 1.3191 I will post again.

Thanks
Happy Trading

 

[prasanna316]

Well friends, price broke 1.3149, price is hovering around 1.3148. You can go long with Stop Loss @ 1.3140 and Target @1.3190. Beyond 1.3191 I will post again.

Thanks
Happy Trading

Adjust your Stop loss to 1.3129.

Happy Trading
Prasanna

 

[prasanna316]

Adjust your Stop loss to 1.3129.

Happy Trading
Prasanna

Stop Loss hit. Hence terminate position. Take position only if it goes above 1.3141 with a target of 1.3161. But it seems it has acquired downside character. Hence it is prudent to wait for tomorrow.
Happy trading
Prasanna

 

[prasanna316]

Stop Loss hit. Hence terminate position. Take position only if it goes above 1.3141 with a target of 1.3161. But it seems it has acquired downside character. Hence it is prudent to wait for tomorrow.
Happy trading
Prasanna

What a massive fall to 1.2918. Anybody taken short position @ 1.3129. Straight profit of 189 pips. Well friends I had taken and gained massively. But I had not taken position in this $1000 account. Hence I will not post my profit here.
Today's level

Trend: Down
Sell: 1.3010
SL: 1.3076
Target: 1.2880
Risk Reward ratio: 1:2
Buy:1.2880
SL/Sell: 1.2815
Target: 1.3010
Risk Reward: 1:2
If you sell @ 1.2815 then SL is 1.2881. Profit target will be given tomorrow.
Happy Trading
Prasanna

 

[prasanna316]

Friends no quote for today.

Anyway if you have to take position then go short with Stop Loss @ 1.2951. Price is hovering near 1.2940

Happy Trading Day

Prasanna

 

[prasanna316]

Friends no quote for today.

Anyway if you have to take position then go short with Stop Loss @ 1.2951. Price is hovering near 1.2940

Happy Trading Day

Prasanna

Well price tumbled up to 1.2881, whoever short sold might have gained around 55 pips.
Levels for today
Buy @ 1.2891/1.2875
SL 1.2851
Tgt: 1.2918

Happy Trading

Prasanna

 

[Ken T]

Thanks for your updates Prasanna! Much appreciated!

 

[prasanna316]

Well price tumbled up to 1.2881, whoever short sold might have gained around 55 pips.
Levels for today
Buy @ 1.2891/1.2875
SL 1.2851
Tgt: 1.2918

Happy Trading

Prasanna

Well price went upto 1.2957. Position @ 1.2891 would have fetched nice 27 pips with target level 1.2918

Levels for today

Trend: Down
Sell @ 1.2964, SL-1.2992, Target: 1.2911
Buy @ 1.2910, SL- 1.2882, Target: 1.2963
Sell @ 1.2882, SL- 1.2911, Target:- 1.2832

Thanks
Happy Trading
Prasanna