remkade
Short

EURUSD Channel Bounce Short

FX:EURUSD   Euro Fx/U.S. Dollar
Heading to the downside with this trade.

EURUSD             has bounced off of the channel's top and is heading downward. I've set my stop extremely tight, so it is very easy to know when I'm wrong or right.

The 15x profit target is a bit ambitious, but considering the current channel, it isn't unrealistic.
Trade closed: stop reached: The stop was a bit too aggressive on this. I will monitor it and re-enter if necessary.
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