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TradeHuntFx
Sep 26, 2016 7:20 PM

EURUSD - Structe may have changed.... Short

Euro Fx/U.S. DollarFXCM

Description

We are still holding our EURUSD shorts from last week. We have now formed what we suspect as being the completion of Wave C in the corrective phase. Prepare for a 5 wave motive phase. RISK MANAGEMENT IS CRUCIAL. Comments are welcome!

Trade closed manually

50 pips profit taken
Comments
LevRidge
that last abc would mean a 1.134 euro not 1.127
TradeHuntFx
yes I think the structure has changed from my previous thoughts on this pair (see my page) so we may only be expecting a retracement here. I am not suggesting anyone open's new shorts...but this is my trading plan for my current open short positions
LevRidge
wait for 1.150 to short eu... and collect big in a few weeks
TradeHuntFx
why that level? post your analysis
LevRidge
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