Inside the Currency Market: EUR/USD

Review last trade. Long 1.1211,target 1.1271 Dead Stopped 1.1278. Then recommended reverse short to 1.1237 hit perfectly. Longs paid 67 pips, Shorts +40 for +107 pips.

EUR/USD. Bottom 1.1186. Range break above 1.1294, Below 1.1191. Overbought sell point 1.1303-1.1326. Strategy Longs above 1.1243, Target 1.1303. Reverse short to target 1.1244. Points on the way up, 1.1249, 1.1263, 1.1278, 1.1290, 1.1303, 1.1326.

Shorts below 1.1242, Target 1.1214, watch for reversal back to 1.1242. Points on the way down, 1.1238, 1.1232, 1.1224, 1.1217, 1.1214, 1.1200, 1.1186 Bottom.

Brian Twomey Inside the Currency Market, btwomey.com

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