TheFxAce

[TRADE UPDATE] SELL Trade Triggered

Short
FX:EURUSD   Euro / U.S. Dollar
The news events this week finally give catalyst to hit the 1.10 mark as explained in my preious post this would likely be the area where buyers turned to sellers this exactly what occured.


We got the pop up above 1.10 into the Weekly SUPPLY/SELL zone and then a SELL signale on the TRFX indicator to allow us to get into the trade the position is already up over 100 pips the target is the 1.06 area.


Though I have already closed 50% of the position and moved the stop towards the entry price so no matter what happens with NFP today we will have made profit on this trade.

For the exact reasons behind this setup please refer to my related post below.

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