EURUSD trend following play

FX:EURUSD   Euro / U.S. Dollar
73 0 0
EURUSD             is in a bearish situation right now and it has also reached a key important level of 1.10. Even though it has went through, I still waiting for a bounce. Asia may short it but who knows about the Europe. Based on the MA I am confident that this will be bearish . I plan to short it till the MA gives an exit signal. (which is when the price crosses the 50EMA)

There may be a pull back to the 200 EMA since the remaining EMA hasn't cross it yet. So right now it's "neutral".

But I'm preparing to short it though. Best of luck!

EDIT: 25/5/2015 3:37PM

Range bound market. Got out. May not wanna trade Asian Session + US holiday on a non Asian Pair with a US currency. I will return once the liquidity comes back. The short is still valid
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out