EUR/USD SHORT SIGNAL #RISKY

Hey tradomaniacs,

welcome to another trade-setup!

Took an EUR/USD Short-trade with a higher risk involved! Only follow if youi accept the risk!

EUR/USD: Daytrade-Execution

Market-Sell-Order: 1.21960
Stop-Loss: 1.22100

Point of Risk-Reduction: 1.21840
Take-Profit: 71.21390

Stop-Loss: 15 pips
Risk: 0,5% -1%

Risk-Reward: 3,95

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Peace and good trades
Irasor

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Note

Looking at DXY we can see it is technically a nice try to short EUR/USD 👉

The only concern I have the the potential greed of DIP-Buyers in equities that could put the US-DOLLAr under pressure. Like I said it is still hard to say how the market is going to react in the mid-term.

Note

TP is 1.21390

Note

US-Data ahead and it is going to be important❗️

As I have often explained:

The market has begun to bet against the FEDS easy monetary policy since the inflation is rising. With the previous hint about potential HINTS every positive result, especially in terms of labour-market we could see sensitive reactions as the market will think that tapering is getting more likely.

The question is still how the stock-market is going to react, but I personally expect stocks to fall due to the "missing" liquidity the market will price in.

Initial Jobless Claims are expected to be lower, means we might see a boost of the US-DOLLAR of the forecast isn`t wrong or even better.

If you don`t want to trade with that risk then please close EUR/USD at break-even.

I will personally keep it open BUT adjust the lotsize and move my stop-loss by 10pips up to 1,22200 for potential volatility!

Trading2ez

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