Time to get ready for work again. I am currently in a long EUR USD from a bounce around 2830 on the 4 hour and short EUR CAD from around 1.6040. I wanted to get in early on a daily pin short on that one so I watched where it was going when it went upward and I saw some clear upper ceiling from the 15 minute time frame and took my chances on catching a big one.
EUR USD has a trailing stop of 25 and I'm set to get out with at least +5 on it if it rolls back (have to let it manage itself on my way to work). The EUR CAD is just set for break even trying to catch the big one.
No time to capture charts, have to beat traffic.
EUR USD has a trailing stop of 25 and I'm set to get out with at least +5 on it if it rolls back (have to let it manage itself on my way to work). The EUR CAD is just set for break even trying to catch the big one.
No time to capture charts, have to beat traffic.
"Support and Resistance either holds or it doesn't."
-Anonymous hillbilly