Hi folks, the EURUSD has been Bullish all night/day (depending on where you live). Most forecasters are predicting a stronger EUR vs USD over the next few months. I still think the Bearish moves are just as profitable as the Bullish moves, but today it looks bullish.
I've been waiting for a pullback near down trending support to go long. News gave me a nice entry, so I took it. I am long @ 1.0629, my stop is @ 1.0615 and my target sits @ 1.0667 (however, I've been closing my EU trades early, so I probably won't get to that target, we'll see).
Lot's of news this morning! Keep ur eye on the chart!
I've been waiting for a pullback near down trending support to go long. News gave me a nice entry, so I took it. I am long @ 1.0629, my stop is @ 1.0615 and my target sits @ 1.0667 (however, I've been closing my EU trades early, so I probably won't get to that target, we'll see).
Lot's of news this morning! Keep ur eye on the chart!
Comment:
Stopped out, so I re-entered; prices are on the chart. I still think we will get a nice Bullish bounce here. There are a lot of positions flipping right now:
Comment:
Stop @ BE. I probably should have taken profits. We'll see.