Bracketing The Euro

11 בספט׳ 2014

It's been a rough go around for pattern trades as of late (I'll talk more about that in my Weekend Review tonight youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg) But if the pattern is valid and meets you ROE's then you've got to pull the trigger.

I'm still holding the 2nd half of my position on a EURUSD short from earlier in the week, but today we've got both a bullish gartley and a bearish bat bracketing this pair.

For news today we want to keep an eye on 8:30am (ny) as our usual Unemployment Claims are released and then once again at 3:00pm (ny) as the ECB President Mario Draghi is set to speak.