Bearish bias for the EURUSD

FX:EURUSD   Euro / U.S. Dollar
The EUR/USD             bearish movement is finally here, the slope suggest more downside bias, we expect another impulsive wave to 1.10, US data are too strong and the Greek issue is now a fact, no solution, nodeals, only rumors..and the old man say...BUY on news SELL on rumors
Closed all short positions, stop and reverse due to the china BIG issue...dollar can suffer a lot from that
+1 Reply
IvanLabrie XLaboratories
Yes, I anticipate a rally next week, for now, looking to short any moves up, unless the character is not corrective.
XLaboratories IvanLabrie
I agree ivan...surely the smart money is on the short side..but they will load their pocket up..then release the big bomb...I am a small trader and i like to take advantage from all the opportunities time will offer, so i am long with a very small TP, then as soon as I rekon the "dropship" ..I will follow the smart big movers..the "Bear" will kill the "Bull" but he needs time to eat him all. Have a good trading week my friend
+1 Reply
IvanLabrie XLaboratories
Same to you, just a matter of capturing small high probability swings.
+1 Reply
XLaboratories IvanLabrie
third target reached. this is a good buy area for the upcoming rebound...remember...the bias is still bearish..but the EURO will surely bounce back before parity ;)
+1 Reply
IvanLabrie XLaboratories
Great stuff XLabs.
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