Technician

(Cancelled) EURUSD: Simple short on Fibonacci confluence

Kort
FX:EURUSD   Euro / USA-dollar
33
Update: I cancelled this trade.

Simple short on harmonic Butterfly and Fibonacci confluence. Lets see how it goes..

Trading Criteria:
1.Trades are taken in two units
2.First unit would be closed at first target
3.Stop loss is then moved to break-even
4.Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached without triggering entry I cancel the trade
6) If 90 percent of first target is reached I move stop loss to breakeven.
7) Remember: Losing is a main part of the game

Good luck...
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Technician
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