eur friday sell off?

[Lord Flasheart]

OK, apparently the sell off in EUR is because the stress tests on banks were not all as they seem (WSJ c/o DJ)

they always find a reason afterwards. The 60 min chart posted here and Friday showed why. wish id stayed in,but its so easy in hindsight.i knew it would happen,called it,traded it and only made a few £. Thankfully eur/gbp made a little.

There are 3 certain things in life. birth,death and 60 min trendlines

 

[Lord Flasheart]

powerfull looking wedge over 2 days on the GBP,looks more bearish to me

 

[Lord Flasheart]

powerfull looking wedge over 2 days on the GBP,looks more bearish to me

i was wrong,it was bullish. It gave me a chance to get in but I didnt take it as i was looking to short it. easy to spot.not as easy to trade

 

[scose-no-doubt]

easy to spot.not as easy to trade

Story of my life

 

[Lord Flasheart]

Id said id post trades here till I lost

so here we go eur/usd short at 1.2766 s/l 1.2796

 

[Lord Flasheart]

stop should be 86 not 96

 

[Lord Flasheart]

this is why,simple break and pullback

 

[Lord Flasheart]

1/2 off at + 13, rest to b/e
i wanted to leave for more but have to go out for a few hrs
my target for 2nd 1/2 is 1.2720

 

[Lord Flasheart]

1/2 off at + 13, rest to b/e
i wanted to leave for more but have to go out for a few hrs
my target for 2nd 1/2 is 1.2720

3 out of 3, lets hope it keeps going

 

[Lord Flasheart]

this could be my fourth. Hits the line and down again. I will be carefull on this one

 

[Lord Flasheart]

still looking at it and waiting

 

[Lord Flasheart]

sold 15342, stop 15358

 

[Lord Flasheart]

oh well 3 out of 4 aint bad,thread closed