NamMinh
Short

EURUSD_Short Setup

FX:EURUSD   Euro Fx/U.S. Dollar
4 months ago
Hi fellow traders,

EUR/USD             has broken down the minor up trend channel and is heading downward. In my technical point of view EURUSD             will be in the next trading days within the drawn-down channel as depicted; thus the bottom must be hit/touched soon, which is then as my take profit zone.
I have put three short price levels for EURUSD             , for a slightly pullback is possible and best short level should be there ( alternatively you can consider to short EUR/USD             when it touches the upper drawn-down channel line.
S/l we set as default at the last peak at 1.1180.
For your info and also as reminder that my trading setup here for profit taking pls refer to my initial info at following link:


If my trading setup for each updated instrument would reach the average profit taking, secure levels, then consider yourself and decide how to deal with this according to the market situations at that time, instead of strictly remaining at the target zones.
If I am available to follow up with you, then I will give my comments below.
Trade well!

m2m
4 months ago
Trade active: both 1st short zone and 2nd short zone have been hit.
snapshot
4 months ago
Comment: EURUSD makes now a new lower lows since 15/07/2016, it is a good sign that the bottom line as mentioned will be touched.
You can consider now about the secure of your short position according to the updated below in June 2016:
Trading Setup Info_Starting In 02 June 2016
4 months ago
Trade closed manually: I closed all short positions with EURUSD and am content with it :)
http://m2m-vn.com/harmonic-trading-profiting-from-the-natural-order-of-the-financial-markets-by-scott-m-carney_volume-01/
http://m2m-vn.com/elliott-wave-principle-key-to-market-behavior-prechter/
https://www.mql5.com/en/market/product/18578
stream
4 months ago
eu is not broken down at all.. wait and see before to tell me i am a troll .. .
Reply
NamMinh PRO stream
4 months ago
thanks for your comment; it might be in your point of view, but in mine EURUSD has loosen the strength to pop further up, so what cannot be up, then need to be down to getting up again, in this sense we can see that EURUSD has several attempts to pop up but fallen down again: see the yellow highlight boxe on the attached chart:
snapshot

So we keep waiting how the market will develop next week, whether I am right or wrong, no one from u swill be as troll :)
Reply
stream NamMinh
4 months ago
eu doesnt lose anything , big forces are in holiday .. lol
Reply
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