Quiting QE and lowering inflation forecast, I can not see how this could go higher.
Comment:
Good to close some ore all positions and wait for the correction
Trade closed: target reached:
Due to the fact that we have weekend and FED next week I have decided to close my positions a bit sooner and as I see it, price is trying form a bottom. If I get nice correction for continuation lower I intend to sell once again.
My average sell price was 1.13900
Closed all positions at 1.12900
My average sell price was 1.13900
Closed all positions at 1.12900
Trade closed: target reached:
SL: Was dynamic, based on current fundamental development but maximum at 1.14700, that is also invalidation zone for my main and alternative(flat formation) count.
Comment:
Potential very short term sell opportunity if 5 min flag breaks due to US economic data !