March Euro Currency – 60 Min Chart 1-23-18
Breakdown of Today’s Update
Published 1/23/18 3:15 pm central:
Here is an update to the long Euro trade that was released today via the MDA SnapShot. The reasoning behind this breakout buy was that we were seeing the Weekly and Daily bullish (above top boxes on the scanner for quite some time) and we had a Neutral 240 and the 60 minute was neutral and flipped to 60 min bullish.
We wanted to get long the 60 with anticipation that this would break the 240 level as well and be a full bull trade on the scanner.
We breached the 60 minute on the scanner/dt pro and we also breached the 240 dt pro top zone.
- 1/23/18 – 60-minute breakout buy March Euro @ 1.23015 (if missed you could have played 240 top zones as well @ 1.23135)
- Market @ 1.23395 (+38pts or $475 per contract before fees)
- Trail Risk and Leave Target Open Ended
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