rdweinert

rdweinert

Failed test of previous lows. EURUSD was in a small down channel drifting lower for nearly a week. Break of channel to the upside. Looking to test 1.13 and then 1.1370 to 1.14

rdweinert

Can't ignore the near 65% retail traders short in this pair and keeps going up. Possible short squeeze set up coming? Just and idea I am kicking around. Brake of TL resistance after a choppy consolidation period. Short term resistance looks to be around 1.1150 area, at the previous support from a double bottom. Could see a bounce from there and back to TL...

rdweinert

Broke support and next support levels is around 1.0860 level.

rdweinert

Short here target is .9250; looking to rebuy at .9215 range.

rdweinert

Moved and now trailing. Stop is above entry at 126.28 now. I will either get stopped out in profits or hit my targets.

rdweinert

Small Long Position taken here. Sitting right at the lower Trend Line. 61% fib at 127.85, stop below Fridays Low. Nice Risk:Reward Ratio Here.