Get started

EUR TRY

EURTRY: Interesting long setupWe have an interesting long setup in the EURTRY chart. Go long if we plot a new high, or on retracement to 3.2131, with stops (for either of the entries) under 3.1914. Target is initially a test of 3.3052 but we could march higher, and eventually break resistances and hit the higher targets on chart, but for now, it remains as a possibility that needs further empyrical proof to be validated. If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers, Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Long
by IvanLabrie
Short EURTRYGood day traders, I´m entering short at current levels after yesterday bearish breakout . SL @ 3.255 I expect a downside leg till 3.15- 3.16 area You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade Josep Pocalles
Short
by Realisto_FX
1
Trade of the day. Sell EURTRY on MACD crossoverThoughts on Chart. Although after a period of consolidation the price can go either direction, my bets are on a move down. Here are the reasons. 1. MACD crossover. 2. Downwards trending 100 MA. 3. All factors that have damaged the price have already been factored in. Unless war breaks out, I'd say a drop is likely. 4. Buying Turkish Lira pays very well. Great overnight swap. 5. Price has seems to hit resistance at 3.35 Perhaps consider shorting once price drops below support at 3.2785
Short
by maccabean
1
EURTRY daily - analysis and long trade ideaTurkey is involved in a lot of (geo)political, military and terrorism concerns. Despite relative EUR weakening and low oil price, TRY is loosing its strength due to the risks inherent to the country. On technical daily side, PA is above the cloud. We may see a retracement soon towards the twist and then a rise towards the highest levels of 2015. Impatient traders could initiate a long position now with a TP at 3.367 which is the level defined by the flat Kijun range on Sept/Oct 2015.
Long
by albert.callisto
2