EURUSD Long Term Trading Strategy/Forecast

Hey Traders,

Here's a 10Min+ Full Multi time frame analysis of the EURUSD.

This comes off the back of a significant upmove driven by short-side sentiment surrounding the US dollar and inflation/Reaction from central bank bodies. People are less keen to save as interest rates change and comments are given.

To understand the future, you must use the past. Using simple Market rules to do this is exactly what you need to do.



Watch it, take note and learn.

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Entering light shorts.

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Take a look at news. Further entries potentially held off until higher TF resistance Circa 200 MAs.

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Watch overnight, more US news coming.

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FED comments, go read about them.

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Lock in gains.

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Teeny tiny scalps may be applicable to long side.

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Further entries at Key comfortable support (higher TF retracement)

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Re shorts.

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Exit for gains flip long.

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Exit again for gains into mon.

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Further entries lower pre/post NFP.

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Entered long on impulse fall.

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And out^

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Re longs lower TF falls.

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Exit any longs, flip short.

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exit all shorts.