EURUSD SHORT Setup

[www.Pipsandtips.com]

Hello traders,

We just went into a SHORT EURUSD @1.3514, Stop @1.3554, TP @1.3478.

This is a special setup, a rejection of a bullish wave ended with bearish close within a larger bearish trend. We expect price to make a fresh low today before heading back up. This is a short term trade.

Good luck, we'll keep you updated.

[www.Pipsandtips.com]

The market's been quite choppy and even if the trade didn't work the way we expected we preferred to stay in for as long as our stop remained untouched and see what's going on. Currently in the same position with the same levels, waiting for new confirmations. The system's currently flat on EURUSD.

[www.Pipsandtips.com]

Closed for -40pips and now reversed on the new signal to:

LONG EURUSD @1.3582, SL @1.3532, TP @1.3670

Signal is now long, price is in retracement towards the M15 support level on the system, we decided to go in here not to miss the ride up but we might add if the pair goes into a further 10-25 pips dip.

Good luck!

[www.Pipsandtips.com]

Just added 1 lot LONG EURUSD @1.3565, stop @1.3533, TP @1.3670 (same setup, better entry).

[www.Pipsandtips.com]

The week is ending, so we closed all trades. Current EURUSD longs closed now @1.3613.

Total: -40, +31, +48 = +39pips (including yesterday's loss).

Have a great weekend everyone!