mikestockmarket
Short

EURUSD - Risking 0.51% for 6.5% - Long Shot!

FX:EURUSD   Euro / U.S. Dollar
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1
Risking 0.51% for 6.5%

Entry at 1.29293
Stop at 1.29950

Feeling a little cheeky on this one. I see the dollar getting stronger at the moment, plus we are up close to weekly resistance. I will have to manage my trade very well in order to get down to that 1.20884 level while locking in profits. If I get half way there I will be happy.

Comments

I DON'T think in 5 day but in the years 2014.. Bye.
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LOL 5 days
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Euro fall is contrasted in the mid-long term. Possible to hit 1,24 in this montly - november. IMHO techinical
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I got stopped out on this (-£240.35 spreadbet @ £3pp)
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nice idea i'm short too. But my tp: 1.2100
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Agreed.
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Followed.
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Very interesting, but I can not say Agree. But at the same time this analysis has something and to disagree would not be wise. I will follow this chart.
I do expect a drop down, but just to 1.2700 level. Below that 1.20000 is real.
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