Fx futures Journal

Re-entered the short Euro fx at 1.2765-- 3 units.

 

Exuse me but what is your profit target?

 

B1S2,
I swear I'm not following you, haha, you just keep having these journals that catch my eye.

EUR short certainly looks enticing right now. Especially considering the most recent candle and how EUR has handled it in the past. I'd have a short stop right under that candle, except I'm already short JPYD ) and I'm not looking to increase my risk.

 

Looking for 1.2600, however I am fighting 3 things--Daily BLD and higher second RSI trough on daily. In addition, the weekly trend, although weakening, is still up. I have to watch closely here as the trade has been profitable so far (entered using the 60 minute chart)

 

Now I am really confused - why then fighting?? Thanks

 

This is a retracement play on intraday charts. It may work into full reversal. Profitable so far as Euro fx is trading 1.2707

 

Now 12779 :eek: Hopfully you got out and had a stop??

 

no stop. 240 and 60 still look bearish to me. May add short in a bit here. We'll see.

 

ok then I will like to learn to take such heat and have such balls

 

On the 60 the only bearish think I see is the still negative MCAD Histo.

On the 240 .... I don´t know