2/6/2016 EURUSD

Hello all
am technical trader. am from UAE Dubai. I like to trade EURUSD.
am trying to sell EURUSD at 1.11516 , SellStop at 1.12500, Ill follow the price manually till 1.09161. as per of my Fib level which is price touched 38.2 LV.
hope i get luck for my trading.

please any comments would like to shard it.
Reagrds
Alfalasi

Stop loss seems pretty reasonable to me - near term high of eur/usd. What will is your price target be? You have a 98 pips risk, so Im assuming you will have price target of at least 1.10536? From the chart, i think the near term support level is 1.10561, so in my opinion, price might bounce up before that.

Anyways
Hope you get the trade!

yah that was my target, but unfortunate am out from that trade.
am in buy position around for now 30 Pips, my target would be 1.16000. If things goes right.
also I have moved my stop to breakeven.

hope things will go right this time

IMHO the EU is in bullish condition until some future time, if there is a swing (against the direction of rise), it might be better to take a long .. I targets at 1.1580x


Good luck

b