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IamJeanPaul
Mar 14, 2017 12:50 PM

EURO IS A SELL VS COMMODITY CURRENCIES Short

Euro Fx/Canadian DollarFXCM

Description

I am looking for shortterm sells on the EUR/NZD, EUR/CAD and EUR/AUD. Charts below.
I believe the fall in commodities will see a shortterm correction in the coming 24h before the FED.
Eur looks to be the weakest link for now, with Netherland elections and some overbought looking markets.
Its a shortterm and risky trade, i will move my stop as soon as possible to breakeven and not risk too much.

EurAud:


EurNzd:


Gold/Euro:


Silver/Euro:

Comment

Already in good profit.
Moving stops to breakeven and leaving positions till tomorrow, i will reevaluate tomorrow before london session, if positions are still open.

Blessings to you all.

Trade closed manually

Ok, i closed this trades. I guess we will have slow sessions before the fed now in the evening, prefer to take profits and stay aside seeing what happens.

Blessings to you all.

Comment

EurNzd might be forming a nice corrective wave pattern.
This patterns are really good and easy to trade, with nice R:R ratio.
Details on the chart.
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