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smb1721
May 27, 2015 4:47 PM

EURUSD Another Long Long

EURO / U.S. DOLLARICE

Description

Long @ 10881, 10882
Will add to position
Stop below 10840
Limit 10935 and 10950
Had initial move up from lows earlier. Has consolidated since and made higher low on 15 min chart, looking for upward extension in price to target.
Comments
smb1721
If it can get a candle/bar closing above 10890 on the 30 min chart, will be first indication that price could go higher...
smb1721
Since the downtrend from 11200ish (22 May 11:00) today was the first time that price has rejected the days low very quickly...
smb1721
I have moved both limit orders to 10970
If price moves above 10920 I shall move my stop to 10870
smb1721
I'm beginning to 'eye' 11075/90 as possible target...But I shouldn't get carried away...step by step...!
First, 30 min bar has to close above 10890 then there is resistance at 10920/30...
smb1721
added @ 10886, 10887
smb1721
If price takes out 10905 I think it could accelerate to the upside....
smb1721
I want to reduce my risk..moved stop on all longs to 10870.
Limit on all longs @ 10970.
Let's see what happens during the night...
smb1721
G. Morn all,
Want to eliminate risk on this trade...moved stop to B/E @ 10884
smb1721
Next resistance 10845/52
smb1721
I have changed my limit order:
Half position @ 10970
Half position @ 11010
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