Client Commentary
Monday June 6th 2016
Dear Steve,I have open short position on eurusd@1.1281.
Please give me stop loss and tgt for this trade for 1-2 months view so that I can manage my trade accordingly .
Because I follow your view so please I know no one is God in the market bt I see most of times you rocks ..
So please give your suggestion.
Take care Steve .
Hi there Vanita,
Given the time frame you specify I would set the stop loss at 1.1505 as any break above this will negate the resistance established since February 2015. As for targets...I would lighten the position on a failure to break 1.0500.
Given the time frame you specify I would set the stop loss at 1.1505 as any break above this will negate the resistance established since February 2015. As for targets...I would lighten the position on a failure to break 1.0500.
