Rejoin EURUSD Downtrend after strong NFP I will try to enter EURUSD short 1.2410, SL 1.2515 (-105), PT 1.2195 (+215) (R:R=2.05) - 20EMA on 1d chart is at 1.2438, so price should not move much higher above it (SL@1.2410 quite safe) _____________ after strong NFP on last Friday, no follow through to downside but surely many new/late shorts (even more after fall...
1.st Possibility to go EURUSD short the next day (on 4.Dec’14): - go EURUSD short@1.2295 - SL 1.2335 (40), PT 1.2210 (+85), (R:R=2.12) best get short after price was rejected of 20EMA (coud be on 4.th Dec'14 between 6:00-8:00am GMT time) with a nice pin bar, otherwise after break under 1.2300 _________________________________________________________ 2.nd...
- Uptrend on 1d and 4h charts - Breakout on 4h over 186.00-186.10 level - Nice retracement on 4h and 1h chart - Breakout ouf decline line on 1h - Weakness on GBP against USD seems to be (almost) over - Entered long on 186.40 - SL @185.60 - ProfitTarge @189.90 - R:R=3,3 -if not stoped out on 3.Dec'14 (some importand GBP-Data) possibilities to double on breakout...
EURGBP is testing support line at 0.7870 on 240 (4h) since almost a weak with lower highs on every retracemt. ECB announced bank results, which are better than expected, but Euro not able to rally the morning after German IFO much worser than expected Great R:R = 1:2.76 with a very clear stop-loss