Euro setting up

CME:E61!   Euro Futures
Daily chart per our Weekly chart post. See "Fake Confirmed" for analysis. Look for a trigger
so basically now it will try to confirm its upmove last week, by trying to reach the max level (1.7)?)
Hi Killy_Mel - We don't see it that way...if it retests the highs of the up move it will most likely run stops and pop it above that level. We are seeking short opportunities at this point.
+1 Reply
Killy_Mel OffTheFloorTrader
i see.. i guess it still cant pop up if fed decides not to hike rate this year..
Killy_Mel Killy_Mel
(i mean above 1.7)
True...the market can do what ever it wants. We, as participants, need to find high probability trades and manage our emotions. Trade'm well today!
+1 Reply
It's definitely trying to get something going. I like your daily. Here is my weekly view:
OffTheFloorTrader Justiceisfalse
Nice chart Justiceisfalse....Here is the weekly of the Euro we posted before the daily. Hope it helps!

Justiceisfalse OffTheFloorTrader
I too am stalking the shorts. Look at this juice on the DXY daily
OffTheFloorTrader Justiceisfalse
Nice chart...the Dollar looks sideways to down. Above 98.00 and it may test the recent highs.
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