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Intraday-trading

EURUSD Possible short by a better price.EURUSD is going down to parity. Due to divergence (but bear in mind - it's Friday), there is a possibility for a short term Correction, however, a Big players, are not entering against, I guess, and most of the small traders agree, that there's no point to Buy EUR at the moment, so it's Falling. Most of traders probably use market orders or stop orders to enter this train, however, short term Sell Limit set-up is here. Trading Idea Short Entry Sell Limit order at 1.0525 Target: 1.025 Stop Loss: > 1.0600
Short
by Marenno
GBPUSD Short term Sell is PossibleTrading Idea (in case of a Triangle break, as ABC pattern failed) Short Entry Sell Stop order at 1.5025 Target: 1.4950 Stop Loss: 1.5100 I suggest also use a timing stop loss, in case, if the price will not continue to go down after a level break in 8 hours, jst close the position. The move is possible, as the price didn't have enough momentum to go up, and In case if the "Big players" will be entering market Long, they will Use a Better Entry, which is 1.5100 at the moment. So it does look quite safe.
Short
by Marenno
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