EURUSD- just like the current days...

FX:EURUSD   Euro / U.S. Dollar
Just like my days at the moment, and the current market. Slow and painful haha. We are still making money but not as quickly as we are used to with Forex!

Anyway, as you can see with EU, price is still in a bearish trend which we expect to continue for a little longer. As you may already be aware by our charts we use a nice 3 touch method. From the chart you can see we have a level of confluence where we can expect price to push up slightly and then we can look to short the pair.

We will not go long up to this as we all know the markets can flip in an instant so be patient and let the market come to us. This box is our perfect entry point as it gives us more of an edge over the market however if it doesn't reach here but comes close to the trendline we will still look to execute the trade!

If you need any help or advise trading please drop me a message :)