Trading the EUR

Good Evening Dynamic Traders,

In my last update I was talking about taking the opportunity for a short trade. I finished my last with a couple of questions for you ponder, which I am now going to answer.

I decided to take a short trade on the EUR because price had broken below the VI and showed further weakness by breaking the last pivot low.

In the chart below you will see that I have marked out where my short entry was.













I made a healthy profit from this trade, and I hope some you have too.

I am keeping this chart on my watch list, because I there could be another opportunity for a short position in case you missed the this one.

Carpe Diem

Richard Monnery