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Trader_Dale
Sep 20, 2016 5:43 PM

EUR/USD short - big volumes and institutional orders at 1.1177 Short

Euro Fx/U.S. DollarFXCM

Description

EUR/USD short - big volumes and institutional orders at 1.1177. Will go short there with 10 pips profit target and 12 pips stop loss. Hope that the market will retrace to this level before US session ends.
Comments
stream
1.114 the gave support so short is a really bad idea
Trader_Dale
I see 1.114 definitely not a support but a place where lot of people would put their SL order - meaning that the market could try to go there and even lower to hunt for stop-loss orders. There are many of them.
stream
1.1118 us a monthly support ro 1.191 .. You need to check or to learn how to find the support levels . 1.114 is the first fibo level after 0 . . Maybe nit go long , but for sure short is a bad idea 1.114 is a support , the price just waves around but will not fall for sure

good luck
Trader_Dale
@stream, Thank you
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