Hello everyone,
a lot people ate SL's on EURUSD including big traders and firms so i worked on my charts to find some place to short it.
- Either the price reverses from 2016 or 2015 highs, short.
- Wait for confirmation before you take your positions.
- Use SL above both highs
- Take 2 positions, close one with small profit, and keep 2nd one until 1.0970, 50% Fib level.
It is only an idea based on my experience, use your own strategy to trade.
Hit like )
Trade with care!
Thanks!
a lot people ate SL's on EURUSD including big traders and firms so i worked on my charts to find some place to short it.
- Either the price reverses from 2016 or 2015 highs, short.
- Wait for confirmation before you take your positions.
- Use SL above both highs
- Take 2 positions, close one with small profit, and keep 2nd one until 1.0970, 50% Fib level.
It is only an idea based on my experience, use your own strategy to trade.
Hit like )
Trade with care!
Thanks!
Kommentera:
USD keeps falling and EUR gains after ECB notes. Trade with care!
Kommentera:
False break out? need to see if it retests previous high, it may take a while. Trade with care!
Kommentera:
Pair is still bearish