EURUSD S/T Map for ECB and DT Fiscal Announcements...

After Europe going home today we saw 1.095x to the tick after results from French election came in as expected... a very well done to those who took option 'a' in the previous EURUSD 'choose our entry cleaning first targets in a rather swift move.

Until we clear French risk completely off the table we are looking for the final exhaustion leg in Euro before the downside finishes... (at least for now). Markets will soon issue an expiry date for DT to provide results on the economic front.

This will be the last leg in euro to the downside for some time, as macro numbers continue to print positive and risk increases in US with DT beating his chest...

For those trading shorts:

SELL @ 1.095x WITH SL 1.102x -> TP1 1.087x -> TP2 1.079x -> TP3 1.04x -> TP4 1.02x

... Tracking shorter-timeframes like a hawk as I actively look for entries. I will be posting more updates here and on telegram over the coming sessions.

All the best to those trading live.

Comment:

moved stops to breakeven + a few ticks, letting this play out after NAFTA noise has put us into 'trade the fact' territory with Trump. No longer are we trading expectations, the market has put a deadline on this.

Good luck to all those still holding, lets see if we caught the top of the mountain.

Comment:

Loaded at 1.097x

Comment:

Buy rumour, sell fact ... well played to all those who are still holding shorts, and those who added at 1.097x. A few ticks away from our stop, more of a sweat than I would've liked, in any event we got there in the end. Gl

Comment:

and there we have the first target in eurusd at 1.087x

Comment:

all closed on euro with only one target hit.