EURUSD Long [Daily Swing]

Feb 22

EURUSD Long from a Weekly Zone. HTF Trend confirmation, entry of a 4H bullish pullback for added confluence. Entry below the last structure with a breathing room of 5-7 pips. Good trend momentum based on Aroon (21). Bullish BOS on 15M and Bullish Engulfing used as entry.

Feb 23

Trade active

We have lift-off.

Feb 24

Note

Price playing around the entry. Weak hearted souls can take their exit.

Feb 26

Trade active

We have lift-off (again)

Feb 26

Trade active

Trade floating +1.5R.

Feb 27

Note

We'll be holding this one all the way through. See the video update in the related ideas below for more explanation.

Feb 27

Note

Trade consolidating a little at +1.5R

Feb 27

Note

Durable Goods Orders forecast is at -4.9% which is possibly a bit pessimistic and may be EURUSD's downfall in the short run. It will be beneficial to USD. Closing the trade at 1.5R

Feb 27

Trade closed manually

+1.5R

Feb 27

Trade closed: target reached