EURUSD Short: Second Entry for Those Who Missed It! Huge R/R

FX:EURUSD   Euro / U.S. Dollar
For those who missed this entry, we had a great Cypher/EW Count trade to first target here:

This completes wave A of the correction. Then, wave-B has on folded into a rising wedge , typically marking the final wave in its degree series. Tight stop placed above base of wave-i-of-C.

PS: This one is a little late, it ran away on me while publishing #WinningTradeProblems. I suggest waiting for a pullback and using this idea to gain some EW knowledge.

Happy Trading!

Trade active: Perfect! Retrace to entry, SL in place:
Comment: Traders, I am STILL short this pair, however I have cut my position down to accommodate a wider stop (see below) since I will be in a lunch meeting. More updates to follow! I will set to breakeven if recent lows are taken out.

Trade closed: stop reached: That's it for me this week on EU. Great net gains for the week. Thanks everybody, see you this weekend. Cheers!
+1 Reply
glennmercer PRO Chris_Zhuang
Cheers Chris!
Thanks your amazing !
+1 Reply
glennmercer PRO BorisMisale
Thanks Boris, cheers
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out