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EverythingForex
Jul 10, 2015 11:41 AM

UPDATE: EURUSD - Bull Bat (A Zombie Trade) TP1 & TP2 Hit... 

Euro Fx/U.S. DollarFXCM

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This was a trade I posted about a couple of times (see Related Ideas). To keep things short here, both targets are hit. But now what? I'm still bullish long-term about this pair. See my long-term analysis (EURUSD Bullish Crab Pattern - A Case To Go LONG).

So am I holding onto my LONG positions now? The short answer is NO! I am booking my profits and relaxing for the weekend after a pretty successful week. But more importantly, because of the uncertainty that still lingers over the Greek crisis and the China Stock market meltdown, I'm not holding ANY positions over the weekend. Will wait and see what happens and re-evaluate next week.
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