eur/usd
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Tapering has shown real sign after 17th dec.
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Despite bearish expectations, this week, eur/usd has showed no signs of coming down. I thought Usd will continue to strengthen but looks like this week will end in favor of eur.
Stick to your rules
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Hey guys, been checking out the news and I was able to profit by selling EUR/USD today (thought only for 40 bucks). how did you guys do?
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Originally posted by 4nt5Hey guys, been checking out the news and I was able to profit by selling EUR/USD today (thought only for 40 bucks). how did you guys do?
This week has not been a good week for me. I thought Usd will weaken due to expected bad economic data but it has strengthened significantly. Hope to recover from losses this week.
Stick to your rules
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Originally posted by uniquetrader
Originally posted by 4nt5
Hey guys, been checking out the news and I was able to profit by selling EUR/USD today (thought only for 40 bucks). how did you guys do?
This week has not been a good week for me. I thought Usd will weaken due to expected bad economic data but it has strengthened significantly. Hope to recover from losses this week.
Ouch good luck on that, the CAD has been relatively tstrong today against USD and EUR so maybe try that?
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Originally posted by 4nt5
Ouch good luck on that, the CAD has been relatively tstrong today against USD and EUR so maybe try that?
Thanks. But previous week went really bad. Gbp/Usd moved much better and as per my expectations but I am more into Eur/Usd than any other pair so traded eur/usd which didnt work for me. Hopefully I will end march with good gains.
Stick to your rules
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Eur/Usd has crossed major psychological resistance level of 1.3900. There is no major resistance before in its way to 1.4000 but it may consolidate before reaching 1.4000 level. Unemployment data from U.S will be released in next 1 hour. Weaker data could take the pair above 1.3950.
The good or ill of a man lies within his own will. – Epictetus
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Originally posted by ironicalEur/Usd has crossed major psychological resistance level of 1.3900. There is no major resistance before in its way to 1.4000 but it may consolidate before reaching 1.4000 level. Unemployment data from U.S will be released in next 1 hour. Weaker data could take the pair above 1.3950.
No doubt bulls are strong and I am also in favor of 1.4000 but I will keep on hold untill it crosses 1.3900 again. If it does, I will enter long with target TP of1.3990 incase it may consolidate before reaching 1.4000 level.
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