Tuesday, May 20, 2014

Euro Currency Futures Day Trading Strategy; Selling the consolidation highs

Euro 6JJ Bar
I am watching the Euro sell off from the highs of its consolidated range as it dips below the cloud and BMT's.

I am waiting for price to retrace back to 1.3705, 1.3707, and 1.3712 to sell it right back down again.

On the way down, I will first target the initial swing at 1.3676 as the first target with my eyes on the runner target down at 1.3653.

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