Due to a terrible global economic environment, it causes stock markets stay in bad recycle, so do currencies such as EURO ,USD,JPY and so on.
However, the EURO have the most volume in FX markets, which means it is a stable currency that cannot be affected by trivial things in my view.
----------------------------------------------
Thus,I had a plan to short the EUR/USD for lone term till global economic turns better, and now is a great opportunity for us to SHORT the Euro in my opinion.
Because the big trend is forming now in small time frame charts.
BTW, every big trends are formed of smaller trends.And I don't like to analysis charts by referencing any indicators but the candlestick and trends combined.
However, the EURO have the most volume in FX markets, which means it is a stable currency that cannot be affected by trivial things in my view.
----------------------------------------------
Thus,I had a plan to short the EUR/USD for lone term till global economic turns better, and now is a great opportunity for us to SHORT the Euro in my opinion.
Because the big trend is forming now in small time frame charts.
BTW, every big trends are formed of smaller trends.And I don't like to analysis charts by referencing any indicators but the candlestick and trends combined.