I am looking at this sell for this coming week. I've got multiple rejections on the daily 50 EMA down trend, plus weekly resistance. I know the FED's speech some say dovish some say hawkish but in my opinion, i think the dollar is going higher regardless of Trumps comments. So for this trade I am looking at about a 50 PIP SL which is about 50 PIPs above 50 EMA to an almost 300 PIP TP
Sell @1.1635 - 1.1640
TP @1.1540
TP @1.1410
TP @1.1340
SL @1.1675 - 1.1680
This is my personal opinion that has were worked many times in the past, if trade goes through, please adjust your trailing stop loss. Good luck and risk management ladies and gentlemen.
Sell @1.1635 - 1.1640
TP @1.1540
TP @1.1410
TP @1.1340
SL @1.1675 - 1.1680
This is my personal opinion that has were worked many times in the past, if trade goes through, please adjust your trailing stop loss. Good luck and risk management ladies and gentlemen.
Trade active:
@1.1650
Comment:
moved my stop to 1.17 due to the NAFTA traffic