How to profit from FX Markets by 
The euro is inmerse in a short term downward trend from 1,4840’s (2009 year highs). Lately I’ve been talking about a possible top on the euro from a long term perspective but unless the main bullish trendline that goes through 1,4400 level is broken, there are no powerful signs to verify my theory.
Now, the 15 minute chart is building a bearish structure of lower highs and lower lows. Bullish price action is ceasing at the 200 SMA although I’m expecting another bull move towards trendline resistance (blue circle in chart).
I’m going to attempt an intraday trade, shorting the euro around 1,4680 - 1,4690 with a tight stop-loss above 1,4720’s for a 50-80 pip objective.
Let’s see how it works out…
EUR/USD 15min chart.
César B.Leiceaga
Olá César . . .
Aprecio seu trabalho , tem sido muito útil para mim.
Obrigada , e tudo de bom para ti.
abraços
Jane
Igualmente y muchas gracias beadelta,
Un saludo.