EURUSD -ve 10K @ 1.375 as of Feb 28, 2014
Looking to sell into current rally as my Monthly TF puts sell zone from 1.3750-1.3975
Considering adding to short above 1.38, possibly this week if price moves up.
Will consider adding if it goes down as well, suffice to say I am long term bearish on EUR vs USD
I would cut and run on a strong move above said 1.3975-1.4060 depending. A daily close above 1.39 would be extremely troubling for this idea/and first sell order, prior to any action near 1.40 regardless. A more cautious move would be to wait for a series of movements to point the way back below 1.3720 to add additional contracts.
Should this position be held until next Friday, March 07, 2014, NFP results may well decide if it stays on.
More to add to this post later...time to relax
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| EURUSD Daily Chart taken March 1, 2014 - Indicators used RSI, CCI 20, ADX/DMI |
Looking to sell into current rally as my Monthly TF puts sell zone from 1.3750-1.3975
Considering adding to short above 1.38, possibly this week if price moves up.
Will consider adding if it goes down as well, suffice to say I am long term bearish on EUR vs USD
I would cut and run on a strong move above said 1.3975-1.4060 depending. A daily close above 1.39 would be extremely troubling for this idea/and first sell order, prior to any action near 1.40 regardless. A more cautious move would be to wait for a series of movements to point the way back below 1.3720 to add additional contracts.
Should this position be held until next Friday, March 07, 2014, NFP results may well decide if it stays on.
More to add to this post later...time to relax
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