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Manu76
Nov 14, 2016 9:56 AM

reversal time Long

Euro Fx/U.S. DollarFXCM

Description

It seems Trump hasn't changed his mind on his strategy. If we want it or not it will have a bad influence. This will bring instability for usd during coming weeks.

Strong reversal signs for all indicators
If eur news is bad = slow reversal
If eur news is good = strong reversal

Comment

After a long weekend with 11 nov (Armistice Day) and confusing news with the election results in the US. This can only bring consolidation in eurusd. Although the eur should remain weak in longer term.

Trade closed: stop reached

Very emotional market, but also very unrealistic move. I was right to set that sl tight this time.
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