Hope you had a great day trading the recent EURUSD news release this morning. Here was my setup (I got out way too early).
Short-Term Bearish - Potential - Move based on S/R level. Want learning Forex with a professional mentor? Benefit from a live class, every single day? www.imlfx.club
Will the EUR strength continue? I'm not sure if it does, it might be need some positive catalyst to push it above 1.1600 handle. Event Risk Thursday, May 12, 2016 04:00 EUR Industrial Production (MoM) (Mar) 0.1% -0.8% 07:30 USD Export Price Index (MoM) (Apr) 0.1% 0.0% 07:30 USD Import Price Index (MoM) (Apr) 0.5% 0.2% 07:30 USD Initial...
We have had our Double top form which is in a good area of ressistance. from here im expecting a move down we are right at the top of the RSI on the Daily. Now there is alot of structure around the 382 level so I will be watching to see how it moves if we get to this area and then if we break this there is a possible move to previous lows. I am in a short...