Gav's trading blog - Perseverance, Consistency, Confidence
Trade of the day 09 July 2010: $EURUSD Short
by Gav
I shorted EURUSD at 1.27. If you have a look at hourly or 4-hour chart, a bearish rising wedge was formed. After observing EURUSD struggled at 1.27, I pulled the trigger. And, what a day. 3 profit targets were hit.
Here is the CHART!
Have a great weekend!
Comments
Historical comments are preserved here. New comments are closed.
John Adams — Trackback
Trade of the day 09 July 2010: $EURUSD Short:
I shorted EURUSD at 1.27. If you have a look at hourly or 4-... http://bit.ly/9bRqgX
Gav (Trader Gav) — Trackback
Trade of the day 09 July 2010: $EURUSD Short http://bit.ly/azl6Gd
B.M. Davis — Trackback
Trade of the day 09 July 2010: $EURUSD Short | Gav's trading blog: I shorted EURUSD at 1.27. If you have a look at... http://bit.ly/bSDOgP
FAP Turbo Review — Trackback
Trade of the day 09 July 2010: $EURUSD Short | Gav's trading blog: I shorted EURUSD at 1.27. If you have a look at... http://bit.ly/bb6V2v
Andre Siregar
Congrats :-) I saw the wedge earlier today and I had a feeling price was going to decline, but I struggled in finding the entry. What made you pull the trigger? Was it the shooting star candle?
Gav
I struggled a bit as well. :-) The third failed attempt of big figure 1.27, the price bars with long tails near the top of wedge, and risk/reward about 1:3 convinced me to pull the trigger. Well, maybe I was lucky.
Erwin
another great entry and exit . thanks for sharing again !!!
Comments
Historical comments are preserved here. New comments are closed.