corsicasia

Swing Short at 1.1800 fr targeting 1.1572 on a shooting star

Short
corsicasia Updated   
OANDA:EURUSD   Euro / U.S. Dollar
I short the eurusd this time for swing trading for this raeason:
1 - can see a shooting star daily = sign of reversal
2-the eu Cpi was down that before even the oil up so much so it mean Inflation downing and is the opposiste of what make the eurusd go up by a speculation of hike rate and tapering.
3-the Cpi in US and the price of export and import was nice and all last 2 week data from US was good to i not see any reason for not get a rate hike in December

Short at 1.1800 (wanna enter more up but i just got the signal with the shootinfg star and the cpi)

Target 1.1572

STop Lost 1.1875

Gain =228 pips

sl loss = 75 pips

Risk reward = 1/3.0 nice one
Comment:
cutted my first lot as i do all time at 1.1720 so 78 pips gain and put my SL at 1.1780

like that if i lost i have around 100 pips garantee nos...safe
Trade closed manually:
so ui take my 100 pips ad he reversed up

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