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JeepsonTrading
Oct 22, 2015 6:31 PM

Jeepson Trading // EURUSD // Bullish Long

Euro Fx/U.S. DollarFXCM

Description

I know I know. only the fools would buy the Euro after today's ECB data. However, the Euro has a fair price of about 1.2 so there is chance to buy it up from the lows of this afternoon. As you can see my buy was a bit preemptive but we shall see how this plays out tomorrow. A good result from the German Manufacturing PMI will help get this price out of the lows sentiment feeling it has right now.
Comments
JeepsonTrading
Bearish sentiment is just too strong, I am still confident price will return to 1.12 zone but it is just not ready yet
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