Well I missed that move. Next target is 1.461, and bracket around it as support/resistance; long breakout higher, or fade it as triple top. Going to get a redbull, hope I don't miss this one too lol. If EUR comes back to 1.457, same thing, support bounce and then get long...under 1.457, not sure where target is for a short. *edit: nevermind, fuck a redbull, I have other shit to do. Will trade RTH
What's up ET Today's a pivot point for me, my main squeeze is moving to Europe So, I'm putting chicks on the backburner now, and focusing on school the rest of the semester The real reason for the update though is that EUR/USD touched the December 08 high. I've read that forex respects technical levels much more importantly....I wouldn't know. But nonetheless, I just put on a 'swing' trade, short ES at 1051. Basically looking for EUR to move lower from Dec high resistance, and drag ES with it. Although it's a swing, I don't have much risk tolerance anyway, so stop is 'tight' at 1055. Target is 1040. *With stop so tight, it's possible I'm out of this trade in a couple minutes lol. If EUR shoots higher then I won't look to re-enter, obviously.
Getting real close to stop, that was quick, lol. EUR making lower high's, but maybe just finding support? Oh well, til my next trade, later