Very dangerous to Sell EUR/USD. Very strong Trend Long.
In algforex.com we have Target (support) for our EUR/USD Short 1.3107.
Also we'll do adding Long from this level.Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 17 - 25 pips of Profit move Stops near Entry. Also we do trade follow broken Pivot. In this case I do make special note. It works just for special Market conditions and for special levels or pivots. Take some profit at 40 and 70-100 pips. Never close all trade 100% Do not risk more 3% of your account Balance.
EUR/USD 1.3107 has very temporary resistance.
Sell just on other Trading Station and Stops as soon as possible.
Short Entries just for Today.
Same scenario:
After some reversion Short in algforex.com we'll Buy near safe level of support.
I like this explanation my Strategy.
FAQ ... How I can get learning about your trading System?
Do not go fallow me in blind, be The Cat that Walks by Itself
- Check your trading Plan many times