Quick Short

FX:EURUSD   Euro / U.S. Dollar
Price came up to the 38.2 fib the 61EMA and horizontal resistance. Entering a quick short, if any of the resistance is broken I will exit.
Good stuff. Shame about the stop.... risk a bit more :)
The stop was a little higher. I threw this chart together fast
what is with 61 EMA?
matt_forex jamptfx
I use it to see the trend or range, and on larger time frames, as support or resistance. I have been testing it out on smaller time frames, and have noticed once the EMA is broken by a large candle, price action continues in that candles direction. I don't like using the 20 or the 50.
matt_forex matt_forex
Again I usually don't use EMA's just trying something different.
powerwealth matt_forex
hello , how do i find the chart that is live showing the actual change in the currency rates ?
price doesn´t seem to bother your 61 ema
matt_forex droadneggel
I use it in conjunction with horizontal support and resistance
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