Short term counter-trend trade

9 Ağu 2017

This is a counter-trend trade simply playing off a break below previous lows. Short term, EURUSD contains to maintain its bearish stance with no slowdown of each sell-off signalling the end of a bear run.

10 Ağu 2017

Not

Closed out this trade as selling pressure looks to have died down. It failed to make a significant lower low.