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AlexanderMilev
Jul 15, 2014 7:48 PM

EURUSD Long Term Ichomoku Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD looks good to short on daily, weekly and even monthly time frames. On daily ichimoku shows a strong bearish crossover. First target is ~1.343, if it hits I will re-evaluate the trade and update here. As of now my optimistic target is ~1.31. Might move my SL down along with the kijun-sen(blue MA) if the trade goes my way.
Comments
AlexanderMilev
Blunder Alert!!! Scrap this idea guys. I discovered I've made some miscalculations and I'm no longer comfortable with sticking to this trade in the current setup. I'm taking the 40 pip profit and some more time. I'll probably get back to EURUSD in two weeks(end of july), although there will probably be better pairs to trade Euro weakness.
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