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docholliday
Mar 24, 2016 4:21 PM

EU Long idea - for close to 300 pips Long

Euro Fx/U.S. DollarFXCM

Description

Nice Bull flag on 4h. at a yearly pivot support.. buy is only triggered at break of this flag. target is up at .270 for 290 pips or so. be careful at the current top for resistance - may take partial profit here and definitely at break even on your stop loss. Happy Trading! ..and lets see if it happens!

Trade active

stops to BE.. be wary.. this may be a pull back for a C wave down.. I am likely to TP at the previous high as I re-looked at structure over weekend and looking for one more down..

Comment

we are taking partial profits here, moving stops to below last flag .. momentum waning and about to retest previous top we noted. at the outset.. letting 1/3 run in case it goes , but if we get stopped out.. will be in profit anyway.. great trade!

Trade closed manually

we are now looking for downside.. pull back to trendline on daily..
Comments
docholliday
hope you caught the update and took the sell.. if you missed first wave down.. looking 'flagish' for a get in or add on sell on Sun or Mon.. Happy Trading!
docholliday
docholliday
here is the trendline to shoot for on break of this sideways move.. down to close to the 1.1050 are is reasonable. lets see.
docholliday
move stops as shown if not taking off here for nice profit.. great trade guys!!
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