"EURAUD sell setup" by trader anilmangal — published February 29, 2016

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Short

Euro / Australian Dollar (FX:EURAUD)

FX:EURAUD Euro / Australian Dollar

Elliott Wave

elliottwaves

The EURUSD is in a consolidation, I am looking to sell the breakout .
Please use a tested strategy to trade. Use good MM and take trades with good R/R.

http://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos

Thank for your support.

Comment: Possible structural change for a bigger correction

YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457

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Nice trade!

nice!! thank you,sir!!

Breakout at downside. When to enter short ?

So you havent started this short trade yet Anil?

ajaysingh13

No, because of structural change, it is no longer a trade i am interested in (update posted) if it breaks out of the channel to the down side then I'll be interested again.

Thanks for sharing, I just updated my view as well. should provide good trading opportunities soon.
Good trading to you!

have u sold sir?

Jeffrey_Sucipto

not as yet, did not fit my rules for a sell

anilmangal

That should be my rules for break out trades.

anilmangal

may I know what is your rules?

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