Short and looking for lower prices
Price found sellers at a previous low print on 6/16 around 145.40. I sold with as stop above today's high.
My first target is the green arrow at 142.20. If and when it gets there I will decide what to do next.
Markets rarely go one way for an extended period of time. This cross has been straight up since 11/9 with one minor dip. That does not mean it will not go higher, but we as traders are looking for the best R/R. With this pair, I believe the short side is the better bet at these levels.
Would love to hear your thoughts in the comments.
Happy trading.
Last week's results.
2 trades, 1 winner, 1 loser, for a net gain of +46 pips. Not a great week, but still to positive, I'll take it.
Price found sellers at a previous low print on 6/16 around 145.40. I sold with as stop above today's high.
My first target is the green arrow at 142.20. If and when it gets there I will decide what to do next.
Markets rarely go one way for an extended period of time. This cross has been straight up since 11/9 with one minor dip. That does not mean it will not go higher, but we as traders are looking for the best R/R. With this pair, I believe the short side is the better bet at these levels.
Would love to hear your thoughts in the comments.
Happy trading.
Last week's results.
2 trades, 1 winner, 1 loser, for a net gain of +46 pips. Not a great week, but still to positive, I'll take it.
