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clemons7778
Mar 7, 2014 8:01 PM

EURCAD Short Short

Euro Fx/Canadian DollarFXCM

Description

Momentum on monthly chart is crazy strong and a correction is sure to be near. I'm taking every opportunity I can to get short at good levels and set stop to break even when I'm up more than 30-40 pips. 1.5725 is just where it might initially hit some support but I would be more than happy to get long off this trendline and let it ride for a month once my stop is at BE. If i get stopped out who cares, if I win, could be 500-1,000 pip winner with VERY little risk.
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