BUY BUY BUy & Hold.

FX:EURUSD   Euro / U.S. Dollar
315 3 0
Why i said...BUY BUY>>> to infinity simply....you can see on weekly chart that the Pair in UPTREND..which means at last you must apply Buy and Hold Strategy.the best profitable ones for such situation. We just need to fetch about buy signal comes from Daily Chart ....Ok...About myself i will fetch about such signal through inter day to guarantee best buy             point as i could. So let's get back to 30 MIn,chart.Just draw the Fibo Ret. for the wave which start from 1.325 to 1.34 the peak value of these wave. NOW i got that,

1-I will activate buy order once the Pair break the of the candle(see Green arrow).

2- The other probability that the pair get back and check the RED DOTTED Line at point 1.32897 which works right now as very strong support level. It will be very healthy for the pair to do that once it rebound from such level and more perfect if tried to reach this level and buy power prevent the pair to retest such level.

So the conclusion at the end(my view), if you in(Long) and whatever the point you buy at,have to be sure you will get good profit at last and all you need just patient and time. If you are not,simply we have to check the Indicators and other tools to get the best buy             Point.(We will discuss that later ). GL

P.s. Your stops if you are in, between 1.33067 -1.32897 is perfect and works A very good zone Support.

As mention before...anyone applied Buy and Hold Strategy for these Pair..is won at the end....GL...
UPDATE 17-1-2013(19 GMT), The Pair settled on the level of 1.33067,perfect,time to check the their peak at 1.33641..and that takes us to see a pattern has formed on 240 min,,,,,to ,Be continued...GL.....
UPDATE 15-1-2013 (3.32 GMT),The Pair is Rebound from Level 1.33067,Good,The Important thing next few hours that,Pair can settled above level 1.3345.This level is the key for the pair to check their peak at 1.33641.GL...Patient..is need it. S,L is the same...GL
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