EurUsd is crawling on the trendline

FX_IDC:EURUSD   Euro / U.S. Dollar
707 10 33
EurUsd             decline is stopped at the trendline . Price is trying to print a pullback but it's just a trendline crawling...
Sooner or later it will break down.
Maybe tomorrow at the FED minutes?
Comment: Breaking down...
"Fed's Lockhart and Williams both say June is 'live' meeting for possible rate hike"
An this is just the begining... Brexit's 23th June coming closer and closer.
EurUsd has around 4 more weeks to fall...
Comment: Rate hike in June.
Falling like the stone....
Comment: Taking profit on my EurUsd short positions.
Just closed as well
update us when you will reenter short on eur/usd please ... :)
You closed shorts now... whats happening with eur/usd ? thank you
it would be lovely if you can declare when you are in, SL & TP...
gcplau gcplau
I mean so that other followers can follow easier....but for sure, great trading again this one!

I will post a detailed story about EurUsd , but I don't know how it could be easier to follow.
I don't like take profit too much. One thing to predict an entry point well. Not easy. But set a perfect TP it's almost impossible.
gcplau chartwatchers
But my mentor taught me to plan the highly probable SL & PT levels before market entry, so that you can decide if the R/R is worth your entry. To determine level require skills but not impossible....many traders define TP1 & TP2, once TP1 reach move SL to B/E...etc. Without SL & PT, it's hard for newbie like me to follow.
Chart...are you in on this pair?
Yep. Still short. Till FED and brexit.
There will be bounce this week or beginning of next there I plan to add more.
+1 Reply
MiDiGre chartwatchers
Could you write on when you will add position? :-)
Thanks a lot for your precious analysis and availability
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