Grab & Run Trade on EURUSD

Hi,

Just wanted to update you with a trade I’m in on EURUSD,

The Pair has broken above 200 ma on HOURLY CHART. Break above  this early this morning and has now found support (7am GMT). Long signal , Pair above 200 ma , look at next pivot line at 14020.

My Strategy  gave me an  entry signal the candle high on signal bar (13988). 1st target is 14020.  2nd target @ 14065, 3rd target @ 14105….

EURUSD trade 1hr Chart

Until next time, trade Serenely !!!

Serene Education

EURUSD – Squeeze Pattern on DAILY CHART

Morning Guys,

EURUSD squeeze pattern formation. This has been forming over the past week or so. Price has consolidated after a BULLISH since mid April of this year. The Pair has pulled back to the 50ma (light blue line on chart).RSI has moved back over the 50% line. The pair needs to be trading ABOVE 14200 to be a potential LONG signal OR trading BELOW 13825 to consider going SHORT.

EUR Squeeze Pattern - Dail Chart

Please ensure that you are doing your own analysis prior to trading at any time.  It is very important to have good trading skills BUT it is paramount that you have BETTER money management rules to compliment your trading style.

Here’s to a great trading day

Serene Education

Where will we go??

Live from the home of the Forex Trading course, we have decided that today we will blog a few posts on the analysis that we are doing in class so this is a great gift to many of you!

Euro on daily chart

There has been much talk about the Head & Shoulders formation on the Euro daily chart and that we have seen the end of the trend.  We feel the opposite.  Looking at the analysis we have seen price try to break through the support level, with no luck and ended up closing above. On a 15 minute chart, the last bar was unable to break the 50 day MA and closed above that as well.

Looking for a break and CLOSE above the current minor downtrend on the chart above, we could possibly see this pair move up to higher highs!

Please make sure that you do your own analysis before placing any trades.

From the 4xchick & the Serene Education Students!

EURGBP, Are we going to see a Pullback ?!?!

Morning All,

Just had a look at the EURGBP pair on a DAILY CHART and have noticed that we have seen the pair break a strong support level at around 0.86 mark. You will notice that the momentum since breaking this level has faded (notice the Price range for each day since the break -has been getting less and less as each day passes. The support line i have drawn in at 0.84 is Monthly Pivot point support 2 level. We could see Price bounce back up to test the underside of 0.86 before continuing down further to around 0.83 where we have our MAJOR TREND support.

EURGBP DAILY CHART SETUP - Chart Powered by Metastock

Don’t forget to follow other Serene Education on Twitter @

4xchick , Edutrader , Serene Education and TradingBabe

Possible Head & Shoulders Pattern Formation on EURUSD – Daily

Morning All,

Just wanted to bring your attention the possibility of a Head and Shoulders Formation forming on a Daily time frame on EURUSD pair. The Euro has battled to go higher than 1.45 against the dollar in recent weeks.Price on Eur is trading below the DAILY PIVOT @ 1.385. If Price cannot close higher than this today, it will confirm that the Head and Shoulders and we should see price move lower over the coming days.

If Price however closes above 1.3940 area should cancel out the formation and we should see Price re testing previous highs around 1.45

Head & Shoulder Formation on Daily Chart 16th June 2009 - Powered by Metastock Charting Software

Please ensure that you do your ‘homework’  prior to placing any trades today. There is a lot of news out and volatility will be a major factor to watch out for. It’s far better to ‘bide your time’ and let the market play it’s hand before making a decision. Too many people get caught up in the moment and that if when mistakes come into play. You do not want to trade on emotion. Trade what is shows you on the Chart…

All those of you out there who are thinking of learning more about how to trade Forex , or who would like to ‘brush up’ on the Forex skills, have a look at our ‘Live with Trader’ deals we have on our website. Click here for more details

Have a great day

Chris

Trade updates from trades stayed in overnight…

Morning traders, or should I say nearly “afternoon”.

Trading log 22nd May

As I mentioned yesterday – there would be no trade updates today, but just wanted to show you the results of the ones that we decided to stay in.

Looking at the charts (long term) there still looks like room to move so will stay in for the rest of the day and then deceide whether to keep these positions over the weekend..

Trade like champs today and let me know how you do.. email support@serebeeducation.co.uk.

www.sereneeducation.co.uk

Can Euro break and continue the trend?

Powered by Metastock

Daily chart shown above shows the EUR/USD on a daily chart.  You have got to have seen all that indecision over the week, with Friday hitting a down day as the bears took over.  So what is going to happen come Monday?  Although it is possible that we could see a small pull back on this pair, the overall long term trend is still up.

4 strategy set up

Above is a screen shot of four of the strategies that are taught on the Live with Trader course.  Each of them showing that the pair is still in an uptrend.  If we look closer at the moving averages, we can also see that they too have come into alignment indicating the trend will continue up. 

Tomorrow will prove an interesting day, however, for traders not already in this trade, be cautious and wait for price to break above that VERY STRONG level of resistance before entering the trade.

Update on trade on the EURUSD using our strategy..

Morning traders,

Thought that I would place a quick update on the site to follow on from the trade that we have been in for the past 2 days, using one of the strategies that I teach on my course.  The market did absolutely nothing over night, but is now continuing its move downwards making new lower lows and lower highs which in turn has enabled me to move my stop down to lock in extra profits.

Powered by Metastock

Keeping you posted!  Have a great day today.