May 12, 2014

Euro Currency Futures Day Trading Strategy; Selling retracements with strength

Euro 16JJ Bar

I am watching the Euro fall off VERY strongly from the highs back to firm new lows and going lower.

I am waiting for price to come back to 1.3835, 1.3850, and 1.3866 to sell those levels back down to fresh lows.

I will be targeting the overall lows first around 1.3740’s as well as pushing lower than that to new lows.

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