Thursday, June 12, 2014

Euro Currency Futures Day Trading Strategy; Selling supplied highs at resistance

Euro 6JJBar
I am watching the Euro catch a bit of a move higher on assumed profit taking after the large fall lower into a 123 reversal.

I am waiting for price to get up to 1.3585 and 1.3613 to sell it right back down to the overall lows.

The first target on the way back will be the BMT cloud in the middle at 1.3560's with the final target at the lows from 1.3517-1.3500.

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