EUR/USD – follow me on twitter @fxdailyforecast
We were stopped out of our short trades yesterday for a total of 53 pips yesterday when price rallied to break the resistance high at 3292.
FOR TODAY:
Price continued up, we are in no man’s land according to our system. We need a B high and a retracement down to the 618/786 for a long trade setup.
SHORT: WILL ONLY BE GOING SHORT IF:
No short setups , we need a formation to setup. Until then stand aside.
If we don’t get the cs formations we are looking for then we don’t trade.
LONG: WILL ONLY BE GOING LONG TODAY IF
No long trade setups need a formation to develop , I will tweet if something transpires.
If we don’t get the setup we are looking for then we don’t trade.
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