EURUSD: An In-Depth Analysis and Timeless Trading Strategy

14 Agu

👀 👉 The EUR/USD pair is the most traded currency pair in the world, and in this video, I take you through a comprehensive analysis of this highly liquid market. I also present a trade idea that can be considered for today. However, the concepts and strategies discussed are not limited to a single session—they can be applied at any time in the future across various market conditions.

In this video, we explore the key features and benefits of TradingView, highlighting some of the essential tools I use in my day-to-day analysis. Whether you're a seasoned trader or just starting out, these tools can enhance your market insights and trading precision.

We delve into critical concepts such as trend analysis, market structure, price action, and the methodology for pinpointing precise entry points on any given trading day. This strategy is not just a one-time trade idea; it’s a robust approach that can be utilized across different currency pairs, making it a versatile addition to your trading toolkit.

Please note that while this analysis is thorough, it should be used as part of a broader trading strategy that takes into account your personal risk tolerance and financial goals. Trading in the currency markets carries inherent risks, and it's important to approach it with a clear understanding of those risks.

14 Agu

Catatan

⚠️ Since the EURUSD has rallied, you might consider taking the risk and trading the bullish breakout, given that the CPI came in below the forecast, which isn't favorable for the USD. However, keep in mind what I mentioned in the videos about the market seeking liquidity—it’s possible that algorithms could drive the price lower for a stop run. Be aware that this is a real possibility, and set up your stop loss accordingly.

12 Sep

Catatan

My update is a little overdue however we can see how this played out.