EURUSD: In for a penny, in for a pound.
Looking at the movement on EURUSD yesterday afternoon and overnight the $ bulls were in charge.
We have NFP out later today, and with this run I think any miss on the read would be bad for the $.
My MA's have crossed nicely, and this is as good a setup as they come.
|I am going long:
TRADE DETAILS:
FX:EURUSD
Buy @ 1.12045
TP @ 1.12846
SL@ 1.11746
I am RISKING 5% on this trade because of the high conviction I have.
We have NFP out later today, and with this run I think any miss on the read would be bad for the $.
My MA's have crossed nicely, and this is as good a setup as they come.
|I am going long:
TRADE DETAILS:
FX:EURUSD
Buy @ 1.12045
TP @ 1.12846
SL@ 1.11746
I am RISKING 5% on this trade because of the high conviction I have.
Trade closed: target reached:
It took a day longer, but we hit TP.