J_Graystone
Short

EURUSD 60 Trend Continuation

FX:EURUSD   Euro / U.S. Dollar
724 2 16
Following on from Fridays Non Farms and the dollar strength, we saw a break and close below previous structure signalling an Trend continuation. I will be looking for a price action retracement back up into my yellow kill zone before looking or a reason which meets my rules to get involved with a short.
As you can see, even if we were to enter the trade as price action touches the previous structure low, it offers a good Risk to Reward.
Looking for a retest of structure to take off some profits.

EURO weakness still showing - ECB rate setters converge on December deposit rate cut http://uk.reuters.com/article/2015/11/09/uk-ecb-policy-idUKKCN0SY1FG20151109
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Good to see the beging of your zone at my profit target on my NFP fade trade. If price gets there I will stop and reverse my trade. Good luck.
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