June 11, 2013
- in Uncategorized by schooloftrade
Euro Futures Day trading plan
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| Euro 60-Minute Chart |
We can see
the bullish price-channel along with the price-action trading near the lows of
this price-channel. This tells us that buying
the lows of this price-channel will be the high-percentage-trades today most
likely. We can see price symmetry inside
this bull price-channel which projects a completion point of this move around
the 1.3450 resistance area above. We
look to buy pullbacks all the way up to the 1.3450 area and then take a profit-target
and look for a short-selling opportunity.
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| Euro VIP 5-Minute |
Our day
trading plan is to buy the lows of the price-channel as prices fall lower,
being very careful selling short into this major support. If prices rise this morning we will buy pullbacks
using the bull price-channel our biggest clue.
We have a buying target up at 1.3450 which will most likely take a few
days to reach.
trading plan is to buy the lows of the price-channel as prices fall lower,
being very careful selling short into this major support. If prices rise this morning we will buy pullbacks
using the bull price-channel our biggest clue.
We have a buying target up at 1.3450 which will most likely take a few
days to reach.
