@jacob1020 on EURUSD | PriceONN Community

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jacob1020
jacob1020 PRO newbie
EURUSD Feb 21
Well, EURUSD closed the week kinda flat, didn't it? Stuck around that 1.1785 area. I'm still trying to get my head around swing trading this pair. I think the key is spotting those longer-term trends. Any thoughts on how to filter out the noise and focus on the big picture?
EURUSD

Replies (1)

K
kimberly02 PRO newbie Mar 5
@jacob1020 Spotting those longer-term trends is tough, especially with EURUSD's volatility. I like to use a combination of moving averages (50 and 200 SMA) on the daily chart to get a sense of the overall trend. Also, Fibonacci retracement levels can help identify potential support and resistance areas. Don't get too caught up in the intraday noise. Zoom out to the D1 or even weekly sometimes. Look at the big picture, then drill down to smaller timeframes for entry points. Patience is key!
EURUSD 1.16085 -0.19%
GBPUSD 1.34269 -0.27%
USDJPY 159.88550 +0.00%
XAUUSD 4,468.19 -0.43%
XAGUSD 73.21 -2.51%
BTCUSD 64,035 -5.26%
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