June 4, 2013
- in Uncategorized by schooloftrade
Euro day trading strategy
 |
| Euro 15-Minute Anchor |
The euro is
trading higher this morning at the highs of the bullish price-channel after
testing the symmetry resistance at 1.3109.
We expect to see falling prices this morning as the Dollar-Index is
trending higher and we have support waiting for us at 3053, 3047, 3033, 3008,
2989 and 2973. We know that the high-percentage-trades
will be BUYING this morning because of the long-term trend begin BULLISH. Look to sell short in the short term with a profit-target
at the 3047 and 3033. We will be looking
to buy the 3033, 3014, 2989 and 2973
trading higher this morning at the highs of the bullish price-channel after
testing the symmetry resistance at 1.3109.
We expect to see falling prices this morning as the Dollar-Index is
trending higher and we have support waiting for us at 3053, 3047, 3033, 3008,
2989 and 2973. We know that the high-percentage-trades
will be BUYING this morning because of the long-term trend begin BULLISH. Look to sell short in the short term with a profit-target
at the 3047 and 3033. We will be looking
to buy the 3033, 3014, 2989 and 2973
 |
| Euro 5-Minute |
The 5-minute
VIP chart shows us trading at the lows of the London trading Session which
means I’m going to buy in the short term with a profit-target at 3081 and 3093
overhead. We will buy with the bounce
off these lows, but we will look to selling opportunities at the 3081 and 3093
locations.
VIP chart shows us trading at the lows of the London trading Session which
means I’m going to buy in the short term with a profit-target at 3081 and 3093
overhead. We will buy with the bounce
off these lows, but we will look to selling opportunities at the 3081 and 3093
locations.
