March 15, 2013
- in Uncategorized by schooloftrade
Euro day trading plan
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| Euro Day Trading |
We can see
the euro currency Futures have been trading higher this morning showing the
strength from the buy-side as we break the overhead swing-high resistance at
1.3069 and now we can see 1 of 2 things happening next. First, price will likely test the next resistance
level at 1.3135, which means we’re buying pullbacks using our entry chart on
the way up.
the euro currency Futures have been trading higher this morning showing the
strength from the buy-side as we break the overhead swing-high resistance at
1.3069 and now we can see 1 of 2 things happening next. First, price will likely test the next resistance
level at 1.3135, which means we’re buying pullbacks using our entry chart on
the way up.
Second, we may see price-action
collapse giving us a fake-out-breakout above the 1.3069 and if that occurs we
know the bearish price-channel is still in plan and we always love to sell the
highs of the bear price-channel so if the sellers can drag this price-action back
lower we have a VERY high-percentage-trade setting up to the short side. Join us HERE.
collapse giving us a fake-out-breakout above the 1.3069 and if that occurs we
know the bearish price-channel is still in plan and we always love to sell the
highs of the bear price-channel so if the sellers can drag this price-action back
lower we have a VERY high-percentage-trade setting up to the short side. Join us HERE.
