EUR/USD, my short trade!

mario urlic forex eur-usd trade 22.02.

Based on my view on the current situation and on my EUR/USD analysis over the weekend, let me present my trade. I opened short position near 1.1100 in the morning, protect with SL above the 1.1120 resistance and moved latter the same on the profit teritory, bellow the entry.  As you can see, my target is still far away for now, at 1.0922, bellow the daily MA100, which is not easy to reach. Sure, I am monitoring the situation ready to react, but I will stay until the end of the day, maybe more, because the target could be reached in my point of view. For this trade I’ve used a RR of 1:7, but we will see how will ended. Have you traded something here today  and how do you see my target?

mario urlic forex eur-usd tradeII 22.02.

Update! 15:26 h (GMT). I see that the H4/MA200 is support in this moment, and I have placed first support near that level in my previous daily chart, but I am still holding my short position because of this possible move. Well, that’s my view now. I have lowered my SL more into a positive teritory (step 2) to collect more gain if the pair broke up this channel lower line. Let’s see what next!?

11 comments

  • Mislim da nece vise ici dole moze se desiti do tvog tp u svakom slucaju super trejd

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  • U pravu si,cekamo pa cemo vidjeti! Super sto svakodnevno komentiramo par EUR-USD jedan od najvaznijih a meni najdrazi,hvala ti na tome! LP

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  • The real art of trading my friend.

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  • Imam jedno pitanje ako nije problem ,a tice se trejdanja kad izlaze bitne vijesti koji je najbolje vrijeme za trejd uci u poziciju cim vijest izade ili pricekat da se malo smiri situacija i odredi smjer ,po meni neko razmišljanje ako uopče dobro razmisljam recimo mislim da ovisi o poziciji cijene ako je blizu neki support ili ress pricekat i tu je neka borba vjerovatno je da ce vjeti pogurat cijenu da to probije onda jahat na valu , jel primjetio sam ponekad kad vijesti izadu a cijena nije blizu nekih bitnih suporta i ress samo te izbije iz pozicije i gore i dolje hehe .Zahvaljujem

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    • Ja recimo volim ulaziti u pozicije u tijeku nekih važnih vijesti, zato jer valutni parovi tada dohvate dobre tehničke razine za prilično siguran ulaz uz mali rizik. Naravno, sve treba biti unaprijed pripremljeno i moraš točno znati šta bi se moglo dogoditi na osnovi vijesti koje izađu. Tu opet dolazi iskustvo do izražaja, jer sve to treba isprobati po tko zna koliko puta. Jer, teoretski se tek kod takvih situacija ništa ne može naučiti.

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  • Ovo što ti radiš i način na koji to radiš nema nigdje, garantiram ti. Svaka čast kralju forexa.

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  • No words For You .you are Rock Sir…. But Please Think about me and other loser trader who are losing money in forex….This is Pleasure If You start any service for Intersted Serious Trader…

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  • Mario, in my opinion, you must close position. MA200 on H4 posible reject the price up.And RSI on smalls frame is oversold.

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    • I see that H4/MA200, yes. But, as I see the pair in current conditions, it could go lower on daily chart. Btw. Check the broken channel on my previous analysis. That could be the resistance on the way up, 1.1030/40.

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      • Kad nesto neces predvidit,pohvale?Dali mislis da ce se kasnije par odbiti od razine1.09 – 1.0960 te ponovo pokusati dosegnuti 1.13 ili cak vise -do sastanka ECB-a ?

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        • Hvala. Znaš kako ja uvijek kažem, trguj ono što vidiš, ne što misliš. Tako treba vidjeti šta će se događati kad i ako par dođe na taj level.

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