dojitrader
Short

Measured Move Meets Trend Line Short Potential ???

FX:EURUSD   Euro Fx/U.S. Dollar
531 3 5
Within a larger degree triangle formation -------
snapshot
IF a reversal is at hand THEN this is a likely place.
Looking for immediate reaction so stops are tight
BUT, maybe smart stops should be above the highs
of 1.1034 ??
May have to reenter OR be nimble enough to go
with a stop and reverse if these highs break.
As always the candlesticks may yield a trigger
and stops that make sense.
Stop and reverse was the way to go, alright.
Of course I was not nimble enough with the news
to get a very good price. Hopefully I'll make up for
the loss. Long from 1.1045
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dojitrader dojitrader
Ouch ~~~~ !!!!!
Where did I put that neck brace ?????????????
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Woke up just in time to see the candlesticks
have given a decent trigger and a chance to go
short @ 1.0998 with stops just above the 9 gmt
doji candle @ 1.1019 A clearly defined risk
to see if this will work as planned.
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