EURUSD downtrend continuation: 3 possible entries short

2018年8月27日

EU got a nice bounce from Powell's comments.
But the downtrend is undeniable, just needs a retrace.

I am watching the three red zones for possible short entries.

I have been short since early April, based on this original plan:

I then fine tuned the fibs and ew to this plan:

In that bigger picture, I am thinking wave 5 down might be done, so we are getting an ABC retrace

2018年8月28日

注释

No serious entry yet (scalped a few shorts for 10-15 pips each). Price Bounced off my first possible zone, looks to be headed to my second zone, which is ideal

2018年8月28日

交易开始

First short attempt fired

2018年8月28日

注释

oops, meant to post this trade set

2018年8月30日

注释

Tp1 hit on one short (75% of position size).
Second short (25%) looking for TP2 is still on.
Even if I lose the second position, it will be profitable overall. But I win both, sweet!

2018年9月5日

注释

Sorry for lack of updates on this plan.
My short did reach TP2 as well, and hit the first Red Arrow target.
That happaned to be a 2.618 extension of the impulse down, so of course it bounced with some vigor. Now watching to see if can break back above the 1.618 or not.