I've been discussing selling EURUSD for some time now, it keeps pulling back small and selling off bigger. There's assortment of pivots that make it look like a trend is starting to pick up momentum.
Draghi's comments today had some pretty serious mixed reactions for euro pairs, the overall takeaway was, we're probably going to sell the curly hair out of the EURUSD!
1.0910 was Brexit low for this pair, now we're right back to retest that area, a break below here looks great!
Here's what I'm going to be doing:
sell break of 1.0910
targeting 1.0700 and 1.0650
stops- moves back above 1.0950 will make me look for small losses and reassessing the set up.
Draghi's comments today had some pretty serious mixed reactions for euro pairs, the overall takeaway was, we're probably going to sell the curly hair out of the EURUSD!
1.0910 was Brexit low for this pair, now we're right back to retest that area, a break below here looks great!
Here's what I'm going to be doing:
sell break of 1.0910
targeting 1.0700 and 1.0650
stops- moves back above 1.0950 will make me look for small losses and reassessing the set up.
交易進行:
I'm currently short EURUSD with a smaller position at 1.0900, I'm completely prepared for this to pull back to the 1.0920-50 zone, at which point I'll add another short position, slightly larger this time.
Stops at this point are above the draghi high of 1.1035 area
Stops at this point are above the draghi high of 1.1035 area
Jared Johnson
Union Hedge Funds
Union Hedge Funds
