Trade # 14: EUR/USD Short (Update)
I last posted about this trade here. I was filled on my second short position at 1.5750. I am moving my stop to 1.5810 (from 1.5830). This is above the Wave-i low and if the EUR/USD is starting a new downtrend, it should stay below this level. Price may temporarily bounce from the 1.5630-45 zone as the Weekly S2 and the Monthly pivot point lie in this range.