I'll keep this short and sweet, I can't see too many other scenarios to be long EURUSD much earlier than parity (even then I think I still want to be short).
Anyway, Massive resistance sits around 1.0500 and we have a monthly pivot up at 1.0580, I will be looking for any reason imaginable to sell this pair at those levels, I'll probably start small at 1.0500 and add to it if we see 1.0580.
ENTRY ideas:
sell at 1.0500, 1,0580 with some trend line confirmation
STOP loss:
above 1.0675
TARGET:
1.0350-60 is great for near term targets
1.00 is my medium term target
.90 is my long term target (yep, I'm serious!)
Anyway, Massive resistance sits around 1.0500 and we have a monthly pivot up at 1.0580, I will be looking for any reason imaginable to sell this pair at those levels, I'll probably start small at 1.0500 and add to it if we see 1.0580.
ENTRY ideas:
sell at 1.0500, 1,0580 with some trend line confirmation
STOP loss:
above 1.0675
TARGET:
1.0350-60 is great for near term targets
1.00 is my medium term target
.90 is my long term target (yep, I'm serious!)
코멘트:
This trade still hasn't filled for me but it's looking better, maybe the FOMC will bring what we are looking for to enter, a trend line break would be ideal. Parameters remain the same, entry could be at break out lower:
Jared Johnson
Union Hedge Funds
Union Hedge Funds