EUR/USD, my trade LIVE!

mario urlic forex eur-usd 10.02.

I will try to take this reversal at EUR/USD today. You can see the exact process of my entry, protection and how I see the furder development here. It’s not easy to trade this, let’s see how will ended? I will move my SL by steps as I have pointed in my chart, the first one is already done. These steps are resistance levels in my point of view, as well as the ‘Fibo stairs’ and if the buyers can’t brake them, the pair could return back! I have decided to enter long at 1.1170 based on the previous strong support level on the way up and protect my position only 20 pips bellow the support. After the pair reached 38.2 fibo I have moved my SL at the profitable teritory, but bellow the 23.6 fibo. I am using RR of 1:8 in this trade, but I must follow the move based on my predicted levels and adjust the profit (SL) higher, step by step as well. After and if the pair break 50.0 fibo, I will move my SL above the step 2. > step 3. after!

mario urlic forex usd index 10.02.

Update! > I have closed my EUR/USD long position above the 61.8 fibo return (3rd step), as I showed the 1.1280/300 level for the possible manual closing, but I would like to show you another reason for my long EUR/USD entry at the level which I showed in the first M30 chart. You can see in the USD index daily chart why I was sure in the possible retrace move. The resistance here was to strong and when I sow that the price is aproached here, that was an idication for me to search the level for long entry at the EUR/USD. I found it at the M30 EUR/USD chart and I took the trade. It was a great intra-day trade with RR 1:6 at the end!  Let’s find an another opportunity. 😉

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10 comments

  • Odličan trejd, svaka čast Mario. To je to, ali nije baš tako jednostavno to pronaći nama običnim smrtnicima. Uz tebe nam je lako trejdat, ali ovo što ti radiš nisam nigdje vidio.

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  • ja sam poceo imat sve vise dobitnih pozicija odkad sam pojednostavnio tehnicku analizu i izbacio sve razne indikatore ,koji su samo zbunjujuci i po meni neefektivni najbitnije od svega ulazim u pozicije takozvani high i low swing trader ajmo reci cekam pravi signal gdje otpor nije probijem i radim kontru ,naravno zahvaljujuci tebi jer si mi otvorio oci u biti sto jednostavnije to bolje hehe

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  • And I was doing exactly the same. I had good teacher. I watch and RSI and there was 20.(y)

    Liked by 1 person

    • Nice one Cristi, M30/MA100 and 50 Fibo is the holder on the way up for now. This 1.1240 was also a nice support today before Yellen and it has become resistance now.

      Liked by 1 person

      • If you put MA50 in the chart, you can see a possible Golden Cross for future with MA100 on Daily.

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  • What an entry, fantastic.

    Liked by 1 person

    • a

      Like

    • Bravo Mario,sve vise posjecujem i analiziram tvoje postove pogotovo kad se radi o mom omiljenom paru eur-usd i ja sam to uhvatio,sad sam izasao, profit 130 pipova.Toliko pohvale sa strane JOSIPA i SASE iz A.M. da mi je zao sto sam usao u raspravu s tobom na onom portalu gdje si ti smart,inace na demo sam konstantno u plusu a na live racunu gubim 11 posto u 25 dana.Sve ove promjene na trzistu su me iznenadile pa sam zaredao niz negativnih trejdova ali ne posustajem cekam novi uspon USD a za sada koristim manji lot nego inace,jos jednom sve pohvale…

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      • Hvala. Ne znam koja rasprava, ali nije ni bitno. 🙂 Velika je razlika između demo i live računa, ali ako koristiš neku strategiju na demo koja daje rezultate i ako možeš istu primjeniti na live, nebi trebalo biti problema. Problem kod real računa je što psiha drugačije reagira na rizik, dok na demo računu nemaš taj ‘strah’ i lakše se trguje. Očito je to problem kod tebe, kao i kod mnogih trejdera koji sam demo pređu na real.

        Što se tiče Josipa i Saše. Ah, toliko su toga prošli sa mnom i ja sa njima. Dugujem im dosta jer su bili sa mnom u najtežim trenutcima kroz moju karijeru na forexu. To su bili moji psiholozi. 🙂

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        • Sto se tice psihe,mislim da si u pravu a uz to lakse napredujem kad USD ima zamah,rijetko ili kratko sam kupac tog para,tako da mi tesko pada ovaj uspon EUR-a, no mislim da na sljedecem sastanku u 3.mj. ECB-a bi Mario mogao pruziti malo akcije i promjeniti trenutni trend jacanja EUR-a.Drago mi je sto o njima govoris sve naj jer za tebe kazu da si poseban a to ja upravo zelim…

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