A nice winner in the EURUSD and we still have a bigger winner going from the prior session. See that section below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
We came into the session short the second half of the prior day’s trade from the 1.2420 area. Our new trade triggered short at A, hit first target at B, and we lowered the stop on both pieces (today’s and yesterday’s) twice, currently holding with a stop over C:
It looks like a big move, but remember that this is just an average move in Forex historically. Nice winner on the EURUSD (see that section below, over 100 pips in the money and still going) and we still have the second half of the GBPUSD winner from yesterday.
Here’s a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, hit first target at B, kept going, adjusted the stop a few times and still holding with a stop under R3 almost 120 pips in the money:
GBPUSD:
Still holding the second half of the prior day’s long now 120 pips in the money with a stop under the yellow line at A:
