eurusd

EURUSD Long Fade Trade After Exhaustion On the Hourly Chart.

  • Posted on: 21 July 2015
  • By: strategist
EURUSD Long Fade Trade After Exhaustion On the Hourly Chart.

This one was a classic fade trade (as you see I like these for scalping). There was a strong bearish move on the one-hour chart and around the close of the NY session exhaustion started to take place on July 15, 2015.

I executed a long with a take-profit target at 23.6 fib retracement of the leg down. Bagged around 12 pips. Great scalping trade.

EURUSD Short after Technical and Fundamental Analysis Agreement. Heiken Ashi Bars and Greece Situation.

  • Posted on: 29 June 2015
  • By: strategist
EURUSD Short after Technical and Fundamental Analysis Agreement. Heiken Ashi Bars and Greece Situation.

The Greek situation was definitely not going well as Tsipras & Co. were gambling with the patience of EU top dogs, etc. The Greek bailout was soon due to expire (Jun 30 2015) and there was still no agreement. I was surprised at how EURUSD was still holding up. The fundamentals were definitely in USD's favor.