we got in this trade on the reason the fundamentally USD is much stronger than EUR and sentimentally the negative sentiment of Donald will most likely faded while the negative sentiment of Eurozone in elections will only increase throughout the year.
Technically we had a nice kangaroo tail at strong support between 1.06 and 1.05.
We got in at
short @ 1.0558
sl @ 1.0729
p @ 1.0216 or lower
this trade worked out well after we entered because of the new USD catalyst from Fed members’ comments and Donald’s Congressional speech.
****updated March 15th****
we got stopped today from dovish FOMC meeting. This trade was never entered at attractive level and never went low enough for us to move SL to BE.
Our 2nd entry of EUR/USD is in now.
we got in this trade on the reason the fundamentally USD is much stronger than EUR and sentimentally the negative sentiment of Donald will most likely faded while the negative sentiment of Eurozone in elections will only increase throughout the year.
Technically we had a nice kangaroo tail at strong support between 1.06 and 1.05.
We got in at
short @ 1.0558
sl @ 1.0729
p @ 1.0216 or lower
this trade worked out well after we entered because of the new USD catalyst from Fed members’ comments and Donald’s Congressional speech.
****updated March 15th****
we got stopped today from dovish FOMC meeting. This trade was never entered at attractive level and never went low enough for us to move SL to BE.
Our 2nd entry of EUR/USD is in now.