EURUSD Short
If this candle is still bearish, and under 1.5045, at the 1/2 hour mark, I’ll enter a trade short to take 30 pips out of the next move, with a conditional stop loss as a close above resistance at 1.5070
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Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at FXStreet.com and heads "The Human Element" a blog dedicated to trading psychology at ForexMotion.com Want to know more? She was recently profiled in "FXStreet.com's Women in Forex" Series.
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I assume you are short EURUSD now.
Probably looking for 1.500000 or slightly above.
Yes! I’m short and yes my PT is at 1.5008 to get 30 pips.
I tried to update via comments at the 1/2 hour mark and my internet connection froze up…then I forgot to come back and update once I got back on.
It’s snowing here…very pretty, but seems to have caused some problems for Comcast. *shrug*
Great job, Jerry, on your USDJPY long. Close above 87.36 would’ve been my trigger if I’d have been around for it, but I missed it.