March 14, 2013
- in Uncategorized by schooloftrade
Euro day trading plan
 |
Euro day trading plan |
We can see
the major bearish price-channel and symmetry support at 1.2895 which will be an
excellent profit-target for short-sellers.
This bear price-channel tells us to sell the highs as resistance for the
high-percentage-trades. Keep an eye on
the resistance levels above us because if price-action moves higher we will
look for selling opportunities at the price-channel highs, and the resistance levels
of 1.3069 and 1.3135.
the major bearish price-channel and symmetry support at 1.2895 which will be an
excellent profit-target for short-sellers.
This bear price-channel tells us to sell the highs as resistance for the
high-percentage-trades. Keep an eye on
the resistance levels above us because if price-action moves higher we will
look for selling opportunities at the price-channel highs, and the resistance levels
of 1.3069 and 1.3135.
 |
Euro day trading plan |
We can see
the euro has already triggered the InsideOut Set-up to get long earlier in the
trading session, and now we’re buying pullbacks using our entry triggers to get
into new positions or add to our open position with a profit-target at the
trend line overhead in the short term, and the longer term trend line up around
1.3016. If we can stay patient, and if
this morning price-action doesn’t put us to sleep after 11am EST we will try to
hold our long trades all the way up to the ‘HERO TARGET’ at 1.3066
the euro has already triggered the InsideOut Set-up to get long earlier in the
trading session, and now we’re buying pullbacks using our entry triggers to get
into new positions or add to our open position with a profit-target at the
trend line overhead in the short term, and the longer term trend line up around
1.3016. If we can stay patient, and if
this morning price-action doesn’t put us to sleep after 11am EST we will try to
hold our long trades all the way up to the ‘HERO TARGET’ at 1.3066
