Morning all, short again today, entered at 560 which was a bit off my ideal entry of 600 but thats what you get for getting to the desk late 
Targets around yesterdays low 2479 and then onto 2358 possibly. Holding stop at 2736 for now to avoid any shakeouts.
See how straight forward this is? Draw fibs from yesterdays high/low. Trade in direction of main trend, enter after retrace to a fib and/or pivot point (or for added confidence both like in this situation today - oh and round number at 600 )
Blog appears to be down at the moment so will update as soon as I can.
Targets around yesterdays low 2479 and then onto 2358 possibly. Holding stop at 2736 for now to avoid any shakeouts.See how straight forward this is? Draw fibs from yesterdays high/low. Trade in direction of main trend, enter after retrace to a fib and/or pivot point (or for added confidence both like in this situation today - oh and round number at 600
) Blog appears to be down at the moment so will update as soon as I can.
Attachments
Short again today.
Picked up 114 pips overnight, closed out at 9am as I got to the desk (2nd arrow from the right shows entry)
Went short at 502 after the pivot point (purple line) and 50% fib of yesterdays move was touched and rejected (far right arrow shows this entry)
Can't get into my blog for some reason but will update as soon as I can.
Picked up 114 pips overnight, closed out at 9am as I got to the desk (2nd arrow from the right shows entry)
Went short at 502 after the pivot point (purple line) and 50% fib of yesterdays move was touched and rejected (far right arrow shows this entry)
Can't get into my blog for some reason but will update as soon as I can.
