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Long

EURUSD - Long on correction

FX:EURUSD   Euro Fx/U.S. Dollar
1503 13 14
Break of minor trend line . Yesterday's NFP volatility didn't break below the hammer's low, indicating upside risks to EURUSD             . Accordingly, long on 1.1816, targeting 1.1998 (or 1.20 rounded off)

Trades so far:
AUDCAD             - TP Hit (230 Pips)
GBPCAD             - TP Hit (124 Pips)
Gold             - SL Hit (15 Points)
Moment of truth!!!
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Trade survived the night. Now its up to the ECJ and how the markets react.
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i see Double Bottom!

EURUSD
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Yup. But price needs to clear 1.18 to make it a safe trade. But nonetheless, it looks like its going up. I've explained it in a bit more detail here for those interested to understand the price action dynamics: http://www.justatrader.com/2015/01/eurusd-going-long-at-117673.html
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Friends, do you think what are the chances to go to 1.19?
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justatrader PRO GrigoriySergeev
A close below 1.17678 will see a decline to 1.17258 and then 1.1671.
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justatrader PRO justatrader
Only a close above 1.18 will be bullish.
snapshot
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Trade saved by 7 pips??? Not out of the woods yet. But there could be a surprise
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EURUSD Analysis


This is my take..
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Hi Ricciardi, for the longer term, i'm moderately bullish on EURUSD. RSI's are something I can't ignore. My trade plan is therefore to target 1.19/1.20 and leave a second position to target higher trading at some profits locked in. Let's see. This week court ruling on OMT and us inflation. Should be an interesting week.
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