JimFred
Long

looks like a good place to reverse to long

FX:EURUSD   Euro / U.S. Dollar
71 10 4
A bounce ought to happen here, imho            
doesn't look good for a bounce here - it has only dropped a few pips, but it is now underneath support, now resistance. I am looking short again
+1 Reply
With the NFP due tomorrow, I think short is a safer trade
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JimFred HamedAghajani
Depends on your trading time frame ... I am trading 30 min bars, so tomorrow is several trades away.... At the moment, the initial support I saw looks like it has held. However, seeing such a weak bounce makes me wary of going long here. I think I will stay on the sidelines for a bit, until it is clear what it wants to do. Happy trading!
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Cityfox JimFred
Did you have a good day on EURUSD?
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JimFred Cityfox
wish it was that good every day...
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Cityfox JimFred
I'm long 1.2376...hmmmm
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Hi, How much long you mean?
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JimFred HamedAghajani
if it breaks down again, here are the best places to reverse (imho) when it reverses, MAYBE here, the bounce ought to be pretty good....
+1 Reply
Thanks, I meant how much upside do you expect in this pair?
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unless 123734 breaks - then short again to 123258
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