forexfreaks

EURUSD long in weekend

FOREXCOM:EURUSD   Euro / U.S. Dollar
Into the weekend a little drawdown as the EURUSD is hitting the PRZ zone and starting to reverse at 38.2% on FIB. A little drawdown and due to weekend shifts and jumps I am going to move the Stop out a bit further to prevent being artificially stopped out from market jumps. The grey block from original SL to 1.08683 is to signify a bookmark of sorts so I'll know to adjust the SL back to normal on Sunday at open (aussie monday). The market structure has held really well in this new adventure, the batman (and soon giant 'W') is proving to show a decent upwards momentum. Keeping it simple and low order size because no one wants to be a dollar bear =D. May the pips be with you!

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