EUR/USD: short position explained!!!
As I was shorting Euro from $1.0321 USD. The movement was bullish early and hit too my Stop Loss, included 2 times that I enter. What I result a loss of -6.43% in both trade in the early. But as I knew very good, later to pass and hit my Stop Loss of my 2nd traded, I re-entry for third times and I enter and hold this position from $1.0387 USD. That was a good point. At the moment, I'm reduce the loss of 3.84% what I recover 2.59%. But now, I'm shorting EUR/USD when I know that we're in the smart point to sell and right now, it's gave me this opportunity to short and watching out. You will need to be very carefully as Forex market start this week so manipulative what I count it.
Right now, I see a gold opportunity that if the fundamental analysis intensify this drop, we can to get a gold opportunity in this par. What Euro can to drop to $1.0222 USD, and also can to drop even to $1.0100 USD. Also, I decide to extend my target profit in $1.0100 USD fix. This could be 287 pips to earn in this short position.
In H4 timeframe we can to see this perspective!!!
And in Daily timeframe, we hit the EMA 200 like resistance and this sound that investor are preparing a sell-off in Daily timeframe what it's a crucial to sell.
So, I still shorting EUR/USD and longing USD/CAD for now!!! Forex market started manipulated in this week. Much carefully!!!!
Right now, I see a gold opportunity that if the fundamental analysis intensify this drop, we can to get a gold opportunity in this par. What Euro can to drop to $1.0222 USD, and also can to drop even to $1.0100 USD. Also, I decide to extend my target profit in $1.0100 USD fix. This could be 287 pips to earn in this short position.
In H4 timeframe we can to see this perspective!!!
And in Daily timeframe, we hit the EMA 200 like resistance and this sound that investor are preparing a sell-off in Daily timeframe what it's a crucial to sell.
So, I still shorting EUR/USD and longing USD/CAD for now!!! Forex market started manipulated in this week. Much carefully!!!!
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