EURUSD: Going for 150 to 400 pips initially Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 1, 2017 4:58 AM

I entered EURUSD intraday with a small 16 pip risk in the context of the dailly and weekly trend.

Now, the market has confirmed that my analysis is correct do far.

EGoing for 150 to 200 pip initially, and then 0.98, which is my quarterly target.

Comment

⋅ Mar 1, 2017 5:15 AM

Comment

⋅ Mar 3, 2017 3:40 PM

Trade closed manually

⋅ Mar 3, 2017 3:42 PM

Trade active

⋅ Mar 3, 2017 4:26 PM

Trade closed manually

⋅ Mar 5, 2017 6:52 PM

Trailing stop hit! :)

Comments

TheDukeUK

⋅ Mar 5, 2017 4:48 PM

How do you see the eurusd now I still remain short on the longer term hoping for a drop at currently levels but will hold of adding to shorts just incase the bull run is not over need to see some confirmation of a bearish move in the upcoming week.

Rocketman

⋅ Mar 5, 2017 6:59 PM

@TheDukeUK, This is a scalpers market. My trailing stop was hit. I also tried to re-short it, but Friday's news was powerful to move the EURUSD in the opposite direction, and was stopped out.

Take what you can get. Yes, long-term I am negative the Euro, but I am open-minded what the week of March 5 shall bring to us. The sentiment has been changing with every Trump tweet, which does affect the dollar. It is nonsense. I am trading the daily or higher time frames, yet take what I can get and do not bet to much on the future like I did before Trump became the president.