bitofamacroman

EURUSD - SHORT

Kort
bitofamacroman Uppdaterad   
FOREXCOM:EURUSD   Euro / USA-dollar
EURUSD - SHORT
SELL: Between 1.1440 - 1.1495
SL 1.1535 - MAX 95 pips
TP 1.1210 MIN 230 pips
RR: 2.5 : 1
Kommentera:
Just entered this position @ 1.1450
Handel aktiv
Kommentera:
We have another pending order to add if we reach 1.1499
Kommentera:
Hourly RSI divergence just happens to occur here as well
Handel aktiv
Kommentera:
Will the dominant bear continue or do we actually have a reversal?
Kommentera:
The position above was stopped out at the Stop Loss level of 1.1535 and I re-entered the position at the moving average 1.1599. I am a believer this is not a longer term reversal. Current SL is 1.1699. Risk 100 pips, Add if reaching 1.1675-80.
Handel aktiv:
trade remains active
Handel aktiv:
Moving SL to BE 1.1599
Trade stängt: Stopp nått:
BE stop reached, re-entered position at 1.1625
Handel aktiv
Kommentera:
Took the heat, probably unnecessarily, staying in the trade, A close above 1.1670 now will be cause for concern and careful consideration will be made to exit yet again. Meanwhile, looking for dollar strength and EUR to retest the lows and possibly look to the 1.1180 level.
Kommentera:
Fall from Prior highs.

Kommentera:
We must be mindful, this could in fact be a pattern indicating a longer term bottom, but the trend is still down, until it no longer is.

Kommentera:
Well, todays news should about do it for the wave counters of the new bullish Euro scenario as it appears in many wave counts we would have a wave 4 into wave 1. Anyway, look out below.
Trade stängt: Stopp nått
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