Seems like there is a downtrend forming on the EUR USD daily charts. Entered sell order at 1.3667 and this could turn out to be a long hold for this week. Price is still unable to break through 1.3655. First day of the week is usually quiet, hopefully, the bears will come out to feast when the time is ripe! raWr!
Peace out and may the pips be with all this week.
Update: Was up 30 pips before it went back to the same price I sold. Grrrhmph!
Update 2: Close my shorts at 1.3587 for 55 pips. My sentiment is still short.
Showing posts with label Technicals. Show all posts
Showing posts with label Technicals. Show all posts
Tuesday, February 11, 2014
Wednesday, August 3, 2011
Mirror Mirror on the Wall - EURUSD H&S
Saw something on the H4 chart that somewhats look like a mirror image of the PA / CS but this time on the sell side at 1.4323. Will be holding on to the shorts with tight SL at this point till the Employment and ISM Non-Manufacturing data are out which might prove my sentiments wrong. Till then.
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