EURUSD: Shorts For Time Being, Longer Term Is Uncertain #forex

FX:EURUSD   Euro / U.S. Dollar
1223 16 21

Looking for shorts for the time being, although unsure as to how long these shorts will last. For that reason I will update this chart at the end of next week, but it is shorts for now!

Intraday shorting is ideal here as the minimum target is in a tight range, allowing tight entries and tight exit allocation

Best of luck,
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You are correct in my book. 1.1025 before 1.1720 and 1.1800. Stops at 1.1100 have been attracting interest for too long now.
I totaly agree with your view.
+1 Reply
I like the chart and I agree there is something pushing the EUR/USD up and its the pattern of higher lows. The stochastic agrees with you in the short term.
+1 Reply
Correct. Seeking short term move, hence my narrow target. Won't hesitate to add position if it goes even lower.

Cool same strategy for me now....
+1 Reply
I don't see this one working.
TomProTrader IvanLabrie
If everyone did, trading wouldn't be very difficult, lol.

+2 Reply
IvanLabrie TomProTrader
Everyone's bear on eurusd these days...
TomProTrader IvanLabrie
True, I expect bears to be very temporary here though. Definitely something telling me up, in the future.
+2 Reply
IvanLabrie TomProTrader
Let's see how it goes, anything above 1.11956 is a buy for me.
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