EURTRY $EURTRY Short Scalp. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Been a great timing but after all that's how I try to stand out. Much of my audience is 'Crypto only', others are 'against trading with leverage' and the worst category is ' I trade leverage but I have no idea how to do it right'... All 3 categories have an EXPIRATION DATE: Crypto only will lack understanding of the markets and I'm afraid to say the x100 x1000...
I expect it will revisit the support line around 11.5 and stabilize around 12.
Allow us the Happy face and the good mood because simply, this was a PERFECT ANALYSIS and EXECUTION! We are referring to this idea of ours back in May 9th (yes, we do trade what we post): x20 in a classic Forex trade is something to be happy for and today we will take some profit. It's not the first time we get EURTRY right, feel free to check our previous...
I think EUR TRY part will test 15.70 again and then will go to 16.80, 17.30.
This is a test chart for my modified predictive indicator.
Ichimuko: EURTRY I have a dream. Go to romantic Turkey but.....COVID-19 epidemic situation Forget it....Go to bed and have everything. If you refer to my strategy, please control the possible loss of a single transaction at 1-2%! No matter how accurate, trading is a multi-party game many times a day! If you have a big position, there will always be a wave of...
Great trade that was again with a take profit hit at exactly 15,7 level as per our previous idea : News: Turkish inflation has reached its highest level since Recep Tayyip Erdogan came to power almost two decades ago as the president’s contentious economic management sparks a surge in prices. The country’s consumer price index rose 36 per cent year on year...
Turkish Lira snapped a five-day rally yesterday, challenging government assurances that it’s on a more stable footing after measures were introduced a week ago to stem its collapse. After the Epic rebound last week the worries seem to be returning. As you can see on the chart, what used to be 3 Liras to a Euro became, 6 then 9 and now 12...after stopping first...
After finishing impulse wave 1, we did corrective wave (stopped at 0.618 level) (2) and now according to my calculations, it should reach 24 which will be 1.618 extension of current level. I hate to say this, but it will reach 25 sooner or later in my opinion.
The support seemed strong ; I see a nice push up from that area and last target to hit is 26$ That is the last target the risk reward is really incredible.. so please use your proper risk management trading.
This has to be one of the biggest FX candlesticks of all times! Turkish President Recep Tayyip Erdoğan on Dec. 20 announced a series of measures to encourage lira-denominated savings, easing the pressure on the Turkish currency. In a televised speech following a Cabinet meeting, Erdoğan said the government would offer a new financial vehicle that would...
Hello Dear Traders, You find below my analysis for EUR/TRY the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/TRY will fall to 16.46 as I am showing in my chart. Our Daily Goal is 15.9. Currently, EUR/TRY is moving towards the resistance level 16.46,where there is some liquidity from this value...
Hello Dear Traders, You find below my analysis for EUR/TRY the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/TRY will fall to 17.25 as I am showing in my chart. Our Daily Goal is 17.0. Currently, EUR/TRY is moving towards the resistance level 17.81,where there is some liquidity from this value...
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turkish lira is not in good papers but on the other hand what comes up must come down. lets see if we can get a fake above those highs and immediately come back down. LETS GO TO 16!!
As you can see in the previous price actions after the interference of the Turkish Lira it seems that the Currency has gotten a Chronic Disease now. The fast bounce back conclude that there is globally no trust within the Turkish Economic Politics. As the Minister of Treasury has already been replaced within 3 years and the independence of the Turkish Central...