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Mark Wogan: EURUSD – One, two, three…ok lets go

Good morning traders.

I thought after yesterdays long piece I´d keep it short and on point this  morning. So I´ll post up my levels and leave it with you.

The Hourly Chart

Support and resistance are fairly straightforward as noted. We got the push up from S1 yesterday (which is S2 today) and the pair continued higher as we expected. We are at an influential level right now – 1.1450s.

Any move back to S1 would be a good long entry. 1.15 continues to look like too strong an attraction for the pair to back off right now.

But we trade what we see. Wait for the levels to be reached, check the lower time frame charts to help confirm your trade and execute.

Simple as 1,2,3.

Got it – ok lets go!

Mark Wogan

Mark Wogan

Hi. I started my investing / trading career in 2000 and since 2011 I have been trading on a full time basis.

My focus here will be the currencies and in particular the EurUsd pair and I will post my charts on a daily basis marking up the levels I´m interested in and comment on the bigger picture context and anything else I´ll be watching out for during the day.

I also do a little coaching on a one to one basis so if you´re interested in learning how to trade just give me a shout and we can have a quick chat.

https://www.markwogan.com

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