FX:EURUSD   Euro / U.S. Dollar
145 5 0
EU has a nice and lovely overbought on the hourly and coming into a previously strong resistance. Slight more upward movement may be possible, and I'll average my short lots if 1.065 is reached.
http://puu.sh/gCLjd/b54fcadd80.jpg Double 618 fibs too with modified channel that I see.
+1 Reply
moneymaking TheBulltrader
Nice, Fibs give us extra bit of conformation. Great to have them around :)
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Hey spencer, I think it's better to wait and see the market failing to make higher highs and then look for shorting opportunity. Definitely paying attention to that resistance level up ahead. Thanks for sharing and Good Luck!!
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TheBulltrader moneymaking
ya no problem mate. I just closed 2 out of 3 of my positions. Made 27 pips and locked in 20 more pips with my stoploss in my last position. I have sell limits at 1.0640 as well.
+1 Reply
moneymaking TheBulltrader
Nice work :)
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