Update on the euro short
Picked up over 100pips on this trade so far.
Moved stop losses to break even.
Still maintain original prediction, more downside coming.
watch and wait for price to test key levels on the way down.
Keep a close eye on event risk for tuesday May 5th. If US posts optimistic PMI numbers, and technicals show a sustained break below 1.1 levels, pyramid short position.
Moved stop losses to break even.
Still maintain original prediction, more downside coming.
watch and wait for price to test key levels on the way down.
Keep a close eye on event risk for tuesday May 5th. If US posts optimistic PMI numbers, and technicals show a sustained break below 1.1 levels, pyramid short position.
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