Price had been trending downwards prior to 2000h, and subsequently an short term uptrend appeared.
There was no doubt that the price had already factored everything into it, cannnot ignore the fact on Euro Crisis. It is REAL. Thus favour on the SHORT side of EURUSD.
With news at 2100h and 2200h, decided to use ichimoku with reference to news.
After 2100h, Price already traded below Jikun-sen. Decided to hold on. Price retraced back forming a high higher than previous high. Placed a stop in order below the Jikun-sen for a short. It was triggered.
Price began to trade sideways after stopped in. As 2200h approaching, price traded lower.
There was a rapid move downwards around 20-25 pips after 2200h. Shifted stop loss to break even as this was a ichimoku trade based on news.
The move down did not sustain. Shortly after the stop loss was shifted down, price did a reversal and move above the kumo clouds...
Called it a day...
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