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Cabot101Management

70-100 pips on the table!! ..USD data out today and tomorrow!!

Short
Euro / U.S. Dollar (FX:EURUSD)  
Cabot101Management Updated   
FX:EURUSD   Euro / U.S. Dollar
4
0
Sentiment is changing on the Euro now with the ECB looking to change their policy soon, and cut back on tapering, due the books starting to take shape.
Yesterday saw this enjoy some gains, in my opinion its still got a downwards leg short term!! . Right now its at a strong resistance area where the sellers are keen to step in .

We will be selling @ 1.1250 but not until after US data release today .........

Stop set @ 0.786 fib line 1.1340

TP @ 1.1140

Don't want to get to greedy with it ....

Happy trading people ..............
Comment:
So we have not entered yet after the NFP figs , 1.1300 (1.4bln) options expiry today, so going to see what happens when US mkts open .
I will be getting in this though after US - ISM FIGS @ 15.00 today ,

Plenty of data this week to keep us busy ,

Happy trading people stay int touch some good trading ideas coming this week.
Comment:
Still waiting trade has not been set yet ,as I feel this will push up past 1.13 ,

will be in touch
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