http://SmartPip.com/ Looks like a pretty large Daily head and shoulders forming on the Eur/Usd. Today we found ourselves tired and all over resistance to start the week. Both Asia and London offered a chance to get short. In this video I discuss in detail what made me think short in the first place, how/where we got short in class, and where I think it is going overall and why. Also I show another setup with the Eur/Aud we put together based on a correlation view that took place at the same time as the Eur/Usd short. These plans were put together using Fibonacci, role reversal, correlation, and time of day. Hope many of you caught some of this, but if not there is likely to be more of an opportunity to soon enough.
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Christian Stephens
@FXChris
SmartPip.com pre-European Analyst/Trader/Coach
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Hoping early NY traders want to send her down again, time will tell
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