Waited to enter after news sent Aussie lower, targeting at least the daily high, TP one is basically .67700 level. Stops below the lows, move to BE if up 10pips. Heads up, Might get wrecked, Not conservative, I just like it.
Really liking this are to jump in short on EU. Looking for this to continue to the downside. At least a good enough level to get a reaction and move our stops. 2 minor levels to break on the way down but we could very well follow through to the downside pretty quickly IMO. If you have balls hold below the lows. but 300 ish pips is ok with me. Maybe cover half...
I see one more push to the upside before we really roll over short. I like entry near/at 1.09 even but a perfec entry would be to dip past that some into the previous wicks. move stops quick on this one as I like EU short long term. Check my post on EU shorts swing trade with a 300 pip target.
A little late to the post but Ive been eyeing this pair last few trading days and im my opinion this is a great level to get short. Get a reaction off the long term fib and waied for a pull back today for some kind of entry. Risk can be adjusted to your liking however as of typing I am up a few on this trade already but still risking about 55pips to give that...
To whoever sees this.. Always watching the dollar. IMO it is in charge! Up or down I don't place a trade on a correlated pair without having an idea of where the dollar is and could be potentially heading. A few scenarios i see playing out all to the short side. Going into Monday I think we will see is slowly trickle upwards Not sure when or even if we will...
Hitting cleat demand zone at or around .77630. First target at or around .78200, second at or around .78560