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JLJ002500
Apr 17, 2017 5:21 PM

EU - Short (Short term time frame) Short

Euro Fx/U.S. DollarFXCM

Description

I'm in short. HOWEVER, this is a short term trade. If you look at the 1W & 1D below, I can't be bearish unless there is a break of the TL. Based on 1h & 4h charts, EU failed to make a HH and bearish price action (rejection at resistance).

Looking to capture ~30 pips and then get out.

1W:


1D:


1H:


Comment

Based on my previous comments about the 1D & 1W charts, I've adjusted my SL to make this a winning trade. (See Below) My initial hope for a 30 pip trade may not occur. This actually could be a good long entry point.


Trade closed manually

took small profit. Considering it a net neutral trade.

Opened long position.

Comment

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