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Nikko's journal, forex and european equities
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Nikko's journal, forex and european equities

  #21 (permalink)
Posts: 23 since Feb 2014
Thanks: 0 given, 1 received

Tuesday 09/15

No trade yesterday,
no clear set up and I'm trying to not force things so that's a good thing I managed to do this.

Things are not that much clearer today, the rather muted reaction of dollar yesterday from what I see as a support zone surprised me, will monitor how it evolve today.

I still believe a correction lower could happen from this 7120/60 zone. could be headed to 7090 today, for medium term, price action could indicate a larger low is forming.

much harder to read than last week, but with dollar at support I would prefer short set up for now

I see the interesting supports lower on dax, cac and stoxx

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  #22 (permalink)
Posts: 23 since Feb 2014
Thanks: 0 given, 1 received


1st trade of the week
long EU at 1,1218
patience pays

scale out 1/4 at 1,1236 for 38, SL at BE
scale out 1/2 at 1,1275 for 57 pips
last target to be adjusted with PA
closed at 1.13 + 82

it could go higher (1.1335/50) but nice trade for intraday

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Last edited by nikko; September 16th, 2015 at 11:20 AM.
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