December 7, 2012
- in Uncategorized by schooloftrade
Euro day trading plan
 |
| Euro day trading plan |
We called
the short trade off the highs earlier this week as the euro was testing the price-wedge
resistance at 3130. Now the price-action
has tumbled all the way down into the middle of the range, which means we
cannot look for another entry opportunity until we get a retracement.
the short trade off the highs earlier this week as the euro was testing the price-wedge
resistance at 3130. Now the price-action
has tumbled all the way down into the middle of the range, which means we
cannot look for another entry opportunity until we get a retracement.
This morning
we need to sit-on-hands until we get another wave-pattern-short to allow us
another entry into this short position.
Beware the major support below us at 2881, 2845, and remember to look
for retracements to enter into this move lower.
we need to sit-on-hands until we get another wave-pattern-short to allow us
another entry into this short position.
Beware the major support below us at 2881, 2845, and remember to look
for retracements to enter into this move lower.
