Thursday, January 14, 2016

$ES_F and EURUSD paper trade Jan 13-14, 2016

I closed long $ES_F (2 pts loss) today from the big down move that occurred Wednesday, and also close $EURUSD for a loss.

$ES_F $EURUSD trade log


Opened a short $ES_F @ 1912.75 because the upper trend line didn't hold at the close today; also there indication of bearish divergence on 1H and 5H charts.
My target range 1840-1860, will take lose if upper trend line doesn't hold.









On the weekly chart, I expect to see one more push down to 1840 area before upside. Futher formation of the weekly candle will give a better sense of future move.

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