September 11, 2014

Euro Currency Futures Day Trading Strategy; Selling resistance back to new lows

Euro 6JJBar

The Euro has had a nice little push to a new low but quickly reversed for a fake-break low.

I am waiting for price to push up to resistance to sell at 1.2967 right back to the lows again.

The first target will be at the BMT’s in the middle of the move at 1.2926 with the final target at 1.2884.

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