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CURRENT MARKET TREND: Down on 1/24/2020






Tuesday, September 24, 2013

***NEW TRADE ALERT*** EUR/USD

I'm looking to get long EUR/USD and I'm buying 1/2 position ATM (at the market) and 1/2 @ 1.34500. Lately I've been layering on with 1/2 or 1/3 positions because on numerous occasions I've missed an entry by less than 10 pips and I'm tired of not being filled and missing a move. I believe we are heading up to the 1.36000 area to complete wave (iii).

Setup Chart:

The stop-loss on this trade is 1.34250 and initial take profit level is 1.36 the figure.

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