Sell Range Highs... If You Like Money!
Aktualisiert
I'll keep this short and sweet, I can't see too many other scenarios to be long EURUSD much earlier than parity (even then I think I still want to be short).
Anyway, Massive resistance sits around 1.0500 and we have a monthly pivot up at 1.0580, I will be looking for any reason imaginable to sell this pair at those levels, I'll probably start small at 1.0500 and add to it if we see 1.0580.
ENTRY ideas:
sell at 1.0500, 1,0580 with some trend line confirmation
STOP loss:
above 1.0675
TARGET:
1.0350-60 is great for near term targets
1.00 is my medium term target
.90 is my long term target (yep, I'm serious!)
Anyway, Massive resistance sits around 1.0500 and we have a monthly pivot up at 1.0580, I will be looking for any reason imaginable to sell this pair at those levels, I'll probably start small at 1.0500 and add to it if we see 1.0580.
ENTRY ideas:
sell at 1.0500, 1,0580 with some trend line confirmation
STOP loss:
above 1.0675
TARGET:
1.0350-60 is great for near term targets
1.00 is my medium term target
.90 is my long term target (yep, I'm serious!)
Anmerkung
This trade still hasn't filled for me but it's looking better, maybe the FOMC will bring what we are looking for to enter, a trend line break would be ideal. Parameters remain the same, entry could be at break out lower:
Jared Johnson
Union Hedge Funds
Union Hedge Funds
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