October 1, 2013
- in Uncategorized by schooloftrade
Euro Day trading strategy; SchoolOfTrade.com
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| Euro Anchor Chart |
We open the Euro charts this morning and we see a bullish price-channel
along with new higher-highs on the anchor chart. We see 2 support zones below us at 3528 and
3491 which we will use for profit-targets for a counter-trend short below the
cloud, and also for buying opportunities later in the session today or this
week to buy the lows of the bullish price-channel.
along with new higher-highs on the anchor chart. We see 2 support zones below us at 3528 and
3491 which we will use for profit-targets for a counter-trend short below the
cloud, and also for buying opportunities later in the session today or this
week to buy the lows of the bullish price-channel.
Our plan today is to sell short counter-trend below the key support
at 1.3549 and take a profit-target at the next support level at 3528.
at 1.3549 and take a profit-target at the next support level at 3528.
Once we find ourselves at the lows of the bull price-channel we
will then buy the lows of the price-channel, using the 3591 swing-high as our
final profit-target.
will then buy the lows of the price-channel, using the 3591 swing-high as our
final profit-target.
