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JLJ002500
Aug 31, 2016 4:21 PM

EU-Watch for end of correction & potential long entry Long

Euro Fx/U.S. DollarFXCM

Description

1D:


Clear HH/HLs indicate trending up. Close below 1.10457 would invalidate. Reached 76.4% retracement.


I'm looking for a possible long entry. From my initial observations, I like the long side of this trade. EU has had a significant correction. I expect it to break out and EU could make a significant run.

Trade active

Trade closed: target reached

Got out of trade at TP1. Decided to cash my chips in with the crazy NFP ride. The favorable R/R allowed me to have a large position. A good winning trade.



KEEPING SCORE: WIN (Substantial $ Gain)
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