#Eurusd: what a good reversal

Forex Trading is a sport.. And boy.. What a move has just made the eurusd these days.

it should be slowing down now as its reaching the support level.. 

Oops.. The #EURUSD is falling again

Hey! Where are you going eurusd?

Yes, this looks like it's gonna be a reversal.. Lots of Sell Stops triggered..

Good news for the #EURUSD bulls today

And the #Eurusd just keeps with the uptrend today... Good momentum

#Eurusd: the reversal is coming

According to the graph, this may be a good time to sell eurusd if you're a swing trader. For trend followers, not yet as the trend is still upwards.

I read somewhere that the #usd is undervaluated

So it may be time to buy. Well, let's see what the charts say:

And... yes sir, this may be true.. The usd may be recovering again now. I've asked the charts.

The #eurusd swinging a little

Nothing new today... Ups and downs but nothing remarkable for the eurusd

Another week has gone...Trading is closed now

Markets are quiet now.

And my strategy did finally well on equity.. However, there are no closed trades yet.

The euro was my player of the game for this week.. It did well against the usd, the jpy, the gbp and also the CHF did his good moves.

The #audnzd in a range...

Neither going down or up anymore since too many days

If the downtrend ends tomorrow, it was a good one. But nothing is said yet, the price is still below the trend curve.

Where is going the #USDJPY

I'm not a big fan of smaller timeframes, but according to the H4 graphs, the USDJPY is slowly going down... 

And the triangle on the daily chart is probably going to break downwards.  

I read in the news that the US economy is not doing so well also. 

And what about the euro?

Well, the euro is still doing well against the jpy...

Actually, the euro is doing well against other currencies also. 

The #audcad about to cross the trend curve

The pair is closer to the 500 lwma every day so I expect to confirm this uptrend soon. If it breaks the resistance level..

The #EURGBP going up until... I don't know

It just keeps going up and that's a good thing for my strategy.. Good for the bulls on this pair

An uptrend may be starting with the #EURUSD

After the news yesterday, the EURUSD just keeps going up

The #GBPCHF finally dropped again

I waited 13 days for my trade to become profitable... That's around a week and a half of trading. Well, it's true that you've got to be patient as a trend follower. 

Here's how it's looking like now, still not a homerun as my trend curve is still there without moving too much.

And here we have the eurusd, 70 pips above 1.3710 already

And it keeps going up right now... Shocking graphs...

Lots of buy stops triggered for the #EURUSD

And..... Ladies and gentlemen, the eurusd has broken its resistance level... Yes sir, this is a buy situation... Why aren't you opening your long positions yet?

The #GBBCHF price is kind of crazy right now

Look at this graph... What a volatility today.. It droped and then it went up again... But it has clearly broken up the support level. So, I believe this is finally going down.. This is a sell

12 days already with my short trade on #GBPCHF

And here standing still, waiting for the drop

Here comes the reversal of the #EURUSD

It seems that the resistance is strong enough and we may be having a great reversal in here.

A good strategy would be to short EURUSD with an stop loss at the resistance point of 1.3710.

Will the #EURUSD break resistance?

Well, it's about to... I'd say that this is a buy stop situation. At 1.37200.

What a Friday

Will the #AUDUSD really change its direction?

The price is still below the trend curve but it's going upwards quite fast. 

In the weekly chart, the price is already above the trend curve 

The #USD is getting strong again

And the #USDJPY is about to continue its uptrend. At least, that what it seems, this triangle is not gonna last too much.. No sir, this triangle is breaking soon..

Today's #GBPCHF candle is becoming bearish

The GBPCHF has bounced the trend curve today. That's what I like from the news, and the candle is becoming bearish again, hopefully I'm not closing this trade with a loss - not today.

A decision day on #GBPCHF for this strategy

The GBPCHF is about to cross the LWMA Trend Curve in the direction of an uptrend.

If it closes above it, that will mean a "close sell and open buy" signal. So today will be a very exciting day this humble trend follower.

Hopefully it will just bounce the trend curve and resume the downtrend, but that's not how the market works, I'll have to wait for today's closing price.

The #GBP got stronger against the #EUR and #CHF

But weaker against the #USD this morning.

Interesting graphs telling the story

Here's the GBPCHF

And here's the GBPUSD

An accurate long term forex trend indicator

It's called Linear Weighted Moving Average, with a period of 500 days it represents around 2 years and a half.

If you read the theory of this indicator, it put more weight in the latest information, so it's like an speed indicator. So if you compare it with actual prices, it clearly shows the direction of a possible trend.

Just look at these pictures and you'll see - these are daily charts:

With the line representing an entry point

For the #EURJPY it went up almost 3000 pips already. See how powerful is this indicator? The strategy just takes patience, but it pays.

The #NZDUSD keeping its uptrend

The #NZDUSD ended higher today and it seems it will not have any problem in keeping up with its uptrend.

The #EURUSD is rallying again

Good for the bulls on EURUSD

And here's how we see it from a daily chart

The #GBPCHF drawing the same graph as last week

It looks like it's going down the stairs.

Will it break the support this week.. I'm already jumping on it as to help it break

At least my sell position is in blue again. 

Long on the #EURUSD? Not yet a homerun

I wonder how would it feel like right now for those who are alredy long with the Eurusd, if the price breaks the resistance.. For sure it will still be a good place to enter the trade