After a few stop outs early in the week trying to fade strong trends, Friday finally saw the Euro head south after showing signs of faltering.
I got in off the 62% retracement and engulfing candle on 1 hour time frame - I rode it down to the previous low and took out 85 points with a $12 contract. It didn't cover all the stops earlier in week but made up somewhat and bodes well for next week.
I still believe the EURO is due a significant retracement against US given the strong recent uptrend.
I will be looking for break of trend line on 4 hr and entry on retest.
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