fxstudent299

EURUSD - 2 ways to short, after breakdown from 4h consolidation

Short
FX:EURUSD   Euro / U.S. Dollar
1.st Possibility to go EURUSD short the next day (on 4.Dec’14):
- go EURUSD short@1.2295
- SL 1.2335 (40), PT 1.2210 (+85), (R:R=2.12)

best get short after price was rejected of 20EMA (coud be on 4.th Dec'14 between 6:00-8:00am GMT time) with a nice pin bar, otherwise after break under 1.2300
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2.nd Possibility to go EURUSD short the next day (on 4.Dec’14):
- go EURUSD short@1.2360, (R:R=3.0)
- SL 1.2410 (50), PT 1.2210 (+150)

after retracement to the breakout level of 4h consolidation zone (1.2350-1.2370),
dont take the trade 1 hour before and 30 minute after ECB (1:30pm GMT time)

if Limitorder not reached and more than 1 hour after ECB go back to first possibility (break under 1.23)

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