Forex Traders,
I can see there’s buy trading signal or setup happening on the EURUSD currency pair.
Here’s what I’m seeing in the monthly timeframe:
And this is what I’m seeing in the daily timeframe:
Now, lets zoom in a to a smaller timeframe, the 4hr and see what’s happening there:
HOW I WOULD TRADE THIS SETUP
- I Will watch in the 1hr or the 4hr for a bullish reversal candlestick to go long (buy) or maybe buy on the touch of the trendline.
- I’d wait to see price come close or touch upward monthly trendline and see a bullish candlestick to buy.
- Or I may set a buy limit order at a price level where I think the market will go and then start to reverse up. I often do this when It gets late and I’m too tired to sit and watch
UPDATE: 22ND DEC 2014
If you have paid attention to this alert I’ve posted on Dec 8, you would have got into a nice trade at a right time. Here’s how its looking at the moment in the 4hr chart. Why not head over to your EURUSD chart right now and check this out…
If you happen to see this post in time, tell you what? I think you need to watch it too! Cheers! Hey, don’t forget to share and like and tweet by clicking those buttons below. Thanks
Posted in
Hi Mangi
Not sure if you do this sort of thing but from July 1st 2015 I begin a forex signals service with a free trial lasting 2 months. I would like either you to monitor performance or to let traders know there is a service offering more than the standard week or two free trial.
Trades will be released via a private twitter feed at @SignalsDutton. Anyone that wants to take the free trial simply has to open a Twitter account, search for ‘ @SignalsDutton’ and then I will accept them on the 2 month trial.
This is a new service, simple, no website but there will be a trade copier option.
Anything I can do for you in return please do ask.
Many thanks for your time and any advice.
Regards, Paul.