3 Ducks Trading System | 2nd Nov 2015

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  • November 2, 2015 at 11:02 am #3161
    Captain Currency
    Captain Currency
    Moderator

    Give’em another punch for me, yep I wouldn’t mind seeing the Euro get beat-up even more in the coming sessions.

    In fairness the Euro has caught a breather since Draghi knocked it lower against the US Dollar. If the Euro can get back above that area of resistance up at 1.1100 (highlighted) I’d be thinking it has survived the recent Bearish attack.

    From a technical point of view I’m bearish and I’d be looking for the selling set-ups on Eur.Usd when all 3 Ducks line up in the same direction. I’d really love to see a move lower this week, down through the sub 1.0900 low (highlighted) and even lower …

    Eur.Usd 4hr chart

    At a quick glance it looks like our First Duck (H4) would favor:

    Selling set-ups on:
    Eur.Usd
    Eur.Gbp
    Eur.Jpy

    Keep hunting for those winners!

    Andy
    Captain Currency

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    November 8, 2015 at 3:15 pm #3163
    ReviewTeam
    ReviewTeam
    Keymaster

    I reckon you will not be coming to visit me any time soon with rates like this ?

    ReviewTeam - www.systemsfortraders.com

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