EUR/USD - Position Update and Next Trade - 2/29/2015

FX:EURUSD   Euro / U.S. Dollar
Combination of Friday, month end and US GDP data ( 8:30 EST ) can concoct unexpected. So rather than letting the profits wash away in noisy volatility , we are closing 2/3 of the position ( Short from 1.0960, as per previous trade idea ) with just 25 pips - Better than nothing ;) and brining the stop for the rest near 1.0980.
Today's game plan is to look for short entry near 1.1100 if 1.1000 gives away. Actually lot depends upon where is the price at the time of data release. If euro             is trading near 1.9000 then we will look to short it from 1.1000 and if price is near 1.1000 then the level can be smoked during volatility and it pays to be patient.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out