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MrPapagiorgio
May 7, 2013 12:57 AM

Short Euro Short

Euro Fx/U.S. DollarFXCM

Description

Negative real and nominal interest rates in Europe. Economic data comparatively weaker in Europe vs US. Squeezed shorts on US non-farm #. Now back to levels pre NFP. Sell here 1.3077 looking for 1.2700 TP vs 1.3200 stop. Draghi consciously talking the EUR down. Not liking the price action. Taking profit here at 1.2890. +187 pip profit
Comments
MrPapagiorgio
Not liking the price action. Taking profit here at 1.2890.
MrPapagiorgio
Not liking the price action. Taking profit here at 1.2890
MrPapagiorgio
Draghi consciously trying to talk down EUR.
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