April 10, 2012
- in Uncategorized by schooloftrade
Euro day trading strategy
The euro is trading inside the range from Monday, so treat this
as an INSIDE DAY, buying the lows and selling the highs of the range. We had our first trading opportunity selling
SHORT at 1.3150 at the highs of the previous range for an easy winning trade @
830am EST.
as an INSIDE DAY, buying the lows and selling the highs of the range. We had our first trading opportunity selling
SHORT at 1.3150 at the highs of the previous range for an easy winning trade @
830am EST.
We can see the price wedge advanced
price-structure along with the double-bottom support which also has a trend
line as support to use. This confirms
WHY we have seen difficulty in the sellers pushing lower, there is TOO MUCH
SUPPORT.
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Euro
day trading strategy
