Wednesday, May 6, 2015

Euro Currency Futures Day Trading Strategy; Selling down to the channel lows

Euro 610 Tick
The Euro has had a big channel rising higher all morning where we are catching some selling pressure off of now.

I am looking to sell price down to get a test of the channel lows where we can reverse back for longs.

The first target and really main target will be the channel lows but measured moves on the way down are great conservative alternatives.

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