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AlgoTradingGroup
Nov 4, 2022 1:20 PM

EURUSD STILL BEARISH - NFP Short

Euro Fx/U.S. DollarFXCM

Description

GOod afternoon again traders,

Unfortunately, we took a loss -1.00% on EURUSD NFP trade. However this was covered by +5.00% gain we made yesterday from the buy setup from yesterday's post.

We still expect a sell off on EURUSD at the above area marked. Also notice the volume diminishing as price rises

We will enter sell around the area marked after we receive confirmation.

We will update as price moves

Comment

Price near entry, waiting for confirmation to enter sell

Comment

SELL LIMIT EURUSD 0.99242
SL 0.9940

Trade active

EURUSD active now

Comment

Moving SL to entry

Trade closed manually

Breakeven
Comments
AlgoTradingGroup
EURUSD active now

RLinda
Good explanation) thanks)
AlgoTradingGroup
@RLinda, Thanks
TheTradersAvenue
your analysis is amazing
AlgoTradingGroup
@TradingAxis, Thanks
ProjectSyndicate
solid chart and neat write-up
AlgoTradingGroup
JoeChampion
Sweet mate!
AlgoTradingGroup
AlgoTradingGroup
Moving SL to entry

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