tradingformoney
Short

E61! Short, daytrade or possible swing trade setting up with 3:1

CME:E61!   EURO FUTURES
12 0 0
I would like to point out a resistance/support range trade that i do often once i can see a market take out a key level and then watch for the market to retrace. As in this case the euro             is on the down side so there fore i am looking for resistance test backs. Meaning bounces off of resistance and sharply getting out at the nearest support line.

By placing a stop at 1.3603 ( above the high places on 6/10/14, also it is above the tenkan)

Set a entry order at 1.3583 (just below the lows of 5/28/14, 5/29/14, 6/2/14, 6/3/14)

Target the 1.3524 price ( which is slightly above the lows of the following days which are 6/11/14, 6/13/14)
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out