EUR/USD (EUR Futures CME) Sell Limit 1.17950, 1.18950EUR/USD (EUR Futures CME) - E6Z2017 (Contract December 2017)
Sell Limit 1 - 1.17950
Sell Limit 2 - 1.18950
Take Profit - 1.14950
Stop Loss - 1.21750
Eurofutures
EUR/USD Futures (E6 EURO) Buy Limit 1.16500, 1.16050EUR/USD Futures (E6 EURO) - E6Z2017
Signal:
Buy Limit 1 - 1.16500
Buy Limit 2 - 1.16050
Take Profit - 1.18300
Stop Loss - 1.15500
Euro Futures: Bearish BatSharkHere is a nice confluence of a bearish BatShark along with RSI and AO divergence. I have entered short with some targets marked on the chart but will watch price action in each target area to decide whether to take profits, move stops or even reverse position (in the case of the bullish 5-0 pattern).
As per my new strategy I will be moving stops to breakeven after I am up some pips, and look to re-enter higher when price action gives another good signal if I am stopped out.
If you have any comments or feedback on this idea or your own view on the Euro, please feel free to share!
Shorting EURO after Bearish Move Below 50 Day MALooking at the chart for Euro Futures, the Euro today dipped below their 50 Day MA. I'm hesitant to enter a short position right now, I would like to wait and see a confirmation of my thesis with trading starting negative tomorrow, as this could be a fake-out break-out.
However, if it confirms bearish trend tomorrow, will short in the morning, with initial price profit target at 1.0625. Stop loss will be at 1.071.
All the best,
RC
