Now YOU'RE READING MY DIARY??? hehehe yes I would set it around there too in fact... I HAVE MINE SET EXACTLY there hehehe. I am going to let it develop and then see if we move TP's My "feeling" is this might bust through tp 1 we have more down move then 1.618 even implies. like always I will just let the market tell me.Ignored
So you're already short the E/A? where did you enter, and why? I haven't traded that pair, but the chart looks tempting. I would maybe go in at the next 0 break, or wait for a close below 0, or even wait for another candle body formed below 0 after that as an entry. Or even wait longer, for a pullback to the 0 after that. All depends on pa and how patient I'm feeling, I suppose.
"Blindly in" with indicators is easy, fun, and a low-stress way of trading. Unfortunately, it's not profitable so I had to give it up!