EURUSD short triggered: Germany Politics uncertainty the force.
Shorts fired.
This plan was originally posted 2 weeks ago on Jun 15th.
I have taken several small scalps along since then, with some profits.
My EU short position started in early April:
The downtrend became much stronger than I expected, so am currently working this long term plan:
Right we have German Politics in a bit of a chaos.
Should be a good driving force to continue the downtrend.
Hopefully I can jamb stops at BE and let ride all the way down, along with my massive short position already in profit.
This plan was originally posted 2 weeks ago on Jun 15th.
I have taken several small scalps along since then, with some profits.
My EU short position started in early April:
The downtrend became much stronger than I expected, so am currently working this long term plan:
Right we have German Politics in a bit of a chaos.
Should be a good driving force to continue the downtrend.
Hopefully I can jamb stops at BE and let ride all the way down, along with my massive short position already in profit.
Note
EU short nicely in profit.Down 55 pips or so from entry.
-
Closed 1/4 of the position to lock some profits.
Moved stop to remaining trade to just above recent bounce
Note
SL moved to just above 1.1620.Above an existing band, which has now been reinforced with a 6.618 extension of impulse down from last night.
Transaction en cours
Closed 3/4 of the position now, as marked on chart pic.Still have 1/4 position, with SL at ORIGINAL stop (with some loss).
Even if hit, I would still have net profit from the 4 pieces.
The spike up was due to German Politicians that ''kissed and made up'' :)
But in the long run, this even IMO will just offer temporary relief to EU price.
So letting some ride still, and will look to ADD more soon.
Note
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.