FXCM-EDU
Short

Possible trend shift in EURAUD – going short

FX:EURAUD   Euro / Australian Dollar
SELL
1.62428 - 1.62796 Add to Watch List
Signal ID: 66364
Time Issued: Thursday, 27 June 2019 01:00:16 GMT
Status: open
Entry: 1.62428 - 1.62796
Limit: N/A
Stop Loss: 1.63349

The Tidal Shift Strategy has just sold EURAUD at 1.62612. The system recommends entering this trade at any price between 1.62428 and 1.62796. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.36306, which suggests that the EURAUD could be trending downwards.The 14-period Average True Range on a daily chart is 0.00147, so the stop loss has been set at 1.63349. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
on 1.62520 , look at the Kumo in 15m chart ! you will see the small kumo switch !
That is clue for setting entry order in this kumo LvL , and that's why you didn't reach your sell entry and missed this really nice short trend !
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Great work, leave us a like aswell :)
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