glennmercer
Short

EURUSD Short: Potential Drop From Here w/ Tight Stop

FX:EURUSD   Euro / U.S. Dollar
Again in the PRZ we can see a bearish impulse that may be the beginning of the bearish actionary wave-C. By Placing stop above highs, we're maximizing R/R potential and exitting the trade if uncertainty is introduced. My entry will be on the pullback. Updates to come as the tide rolls. Happy trading!
Trade closed: stop reached: Here's the position I'm currently holding on EU. Quick stop outs allow us to minimize losses and re-evaluate to sell at an even better price:

This is what I call pure betting.
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Draghi Speech comming
+1 Reply
Yes in about an hour, thanks for the heads-up
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Hi Glen, great set up.

Are you waiting for European market open to enter this short?
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