DislikedVery good decision to take the sweet pips on EU before they were gone. What made you cautious here?Ignored
Also due to volatility I am trying to take profit more often now rather than always playing for the big move.
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DislikedVery good decision to take the sweet pips on EU before they were gone. What made you cautious here?Ignored
DislikedEU should also continue up this week to 1.3038. I wish I had of placed buy orders for that at 1.2876 this morning as that was where I wanted to buy it but for some reason I didn't.
I am going to wait and watch this pair for a bit yet as there is a possibility it moves down towards the 1.2835 area before heading up so I don't want to jump in now with a wide stop.
edit jumped into eu at 1.2890. stop below the days lows.Ignored
DislikedHi Amy
Why 1.3038? Whats stopping it bounce at resistance between 1.3006 and 1.3026 - Is 12 pips worth that risk?
I just find it an interesting assesment - why this target?
Cheers
P.S What are those funky levels on your charts?Ignored
DislikedThis the my monthly view of DX. I think that this retrace will keep going until price hits 80.7. Once this happens my expectation is that EU and GU will head down again and make lower lows. I think we will hit this in early August.Ignored
DislikedHi Amy,
Do you mean that when the DX starts to rise again after hitting 80.7 you think that GU will go lower than the lows on 20th May?
Cheers,
CherylIgnored