Disliked{quote} ¿how do you see the EU now? ¿are you keeping longs? I just see it has come back to touch the ending diagonal?Ignored
Hi Lavanda,
sorry for answering late.
When a position like my long position yesterday is in huge profit (it was at the top over 100 pips), you normally do not allow it to enter drawdown. Either you set a SL to BE or set a profit stop like BE+20 or so.
Never ever let a position go in drawdown, when it was in such huge profit in short time.
Since I was not at my trading desk today, I was not able to report anything. I was stopped out @ 2345
This morning I thought, that we would see a retracement to the upper side first into the 2400 region, which did not happen
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If we break the current support shelf around 2280-2270, we may go easily down to around 2134 area, which is both good fib target as well as support area
Have to reassess the situation now or over weekend
Regarding the ending diagonal:
maybe the diagonal simply gets a bit more complex. All we know is, that the movements are very overlapping, and that is normally a sign of end of trend
Catch you later