EURNOK setting up on the 1 hr. Considering the time, about 30 mins before US stock market open on Friday... Good time to take a position. If the trade goes against will monitor on 4 hr.
These can be very fast trades. Less than 10 minutes. Hit the tp .01 for $1.
NOTE: The ideas posted here are simply my own speculations on what might be happening in the market. They are in no way recommendations for trading with real funds. Without sufficient experience it is possible to sustain significant losses. I know people who became overwhelmed by the trading experience and lost upwards of $20,000. Please use caution. Practicing trading in a demo account is an excellent way to become more proficient. This is for educational purposes only.
Please see strategy description: