Tuesday, June 10, 2014

Euro Currency Futures Day Trading Strategy; Selling the WAVE to new lows

Euro 6JJBar
I am watching the Euro come crashing down this morning to a new low below the BMT's with a cross lower.

I am waiting for price to catch a bit of a retracement back to sell at 1.3601-1.3617 as well as the BMT in the middle at 1.3605.

The targets on the way back down will be the initial swing first at 1.3533 and the projection target at the low of 1.3449.

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