Failed Breakout

No explanation required. $DXY $TLT $S6_F $USDJPY $EURUSD

Commentaire:

Minimum target is the 38.2% retracement which happens to be very close to the 2017 close of 0.9744.

Commentaire:

Previous UCHF Short to Year Pivot

Commentaire:

200 D and 200 W SMA in the same area as the 38.2% retracement.

Commentaire:

Hanging around that ascending cyan channel midline toward the end of the day today... We may crawl up it then dive more but I am holding onto this trade until 9750.
My stop is placed at the recent high on Friday.

Commentaire:

Added a little more short

Commentaire:

Channel finally broken today. CHF is very strong against USD this week right away. 2017 close target remains.

Commentaire:

Still holding onto this baby. I have about 8 lots at this point short with an average price near 1.0000. Targets remain.

If EURUSD chooses to go higher, this is the prime target for shorts.

Commentaire:

I will close half at 0.9835 at the year pivot (thick cyan line in main chart window).

Trade fermée: cible de profit atteinte:

Dumped half position.

Commentaire:

The 2017 close is the target @ 0.9750.

Commentaire:

First profit point was about 170 pips. Nice day. Took forever though.

Commentaire:

Moved stop down to today's high @ 0.9810. We are at a cluster of support here near the 2017 close of 0.9745.

Trade fermée: cible de profit atteinte:

All out on second half + 250 pips about. Finally done babysitting this thing.