DislikedGood Morning Intel,
The daily high on May 21st was 1.2672 so I was thinking a stop above that would be reasonable for myself when I do go short. However, I am still waiting for some more confirmations prior to shorting EU right now.
Thanks!
Mo.Ignored
I'm at work now and have no access to charts but from memory, when the possible short setup was forming, we were just waiting for price to break the low of a ND which was at 2633.
The fugure for the SL is derived from the UT style bar a few bars before the ND. 2660 was a pip or 2 above this bars high. If price had broken that level, you can be sure we'd gotten something wrong with our setup recognition.
I think we were looking at the M15 chart if you want to take a look, I dont think the trade was triggered.
It would be great if someone could post an EU M15 chart.