March 28, 2013
- in Uncategorized by schooloftrade
Euro day trading plan
 |
| Euro day trading plan |
The euro is
trading higher this morning after testing the support buy zone at 1.2760. we assume now that price-action will move
higher into the sell zone above us at 1.2860 and we will take profit-target on
our long positions at this area, then look for more clues. If we move higher with strength above the
1.2900 big-round-number we know the buyers are back in control and we will then
move higher up to the sell zone at 1.3027.
trading higher this morning after testing the support buy zone at 1.2760. we assume now that price-action will move
higher into the sell zone above us at 1.2860 and we will take profit-target on
our long positions at this area, then look for more clues. If we move higher with strength above the
1.2900 big-round-number we know the buyers are back in control and we will then
move higher up to the sell zone at 1.3027.
If the sellers
can hold this resistance area between 1.2863 and 1.2899 (2900) then we will
look for the buyers to fail and price-action will move lower and we will use
our entry trigger indicator to sell short back down to the buy zone at 1.2760
where we will look to take a profit-target.
Join us HERE.
can hold this resistance area between 1.2863 and 1.2899 (2900) then we will
look for the buyers to fail and price-action will move lower and we will use
our entry trigger indicator to sell short back down to the buy zone at 1.2760
where we will look to take a profit-target.
Join us HERE.
