i think that is not a good position cos there is no major news to back it up ok.
Re: EurUsd short term 15 replies
NFP nice bump up on EURUSD 2 replies
Dislikedsome ppl are buying the EURUSD??? I sold soon after the range broke downwards, well I guess am shortterm shorting the EURO anybody with me on this???Ignored
DislikedWhat kind of trend are you looking for? Trends on the noise? There's an obvious trend on the daily.Ignored
DislikedThis week there is no Trend, I am only follow my sentiment.
Sentiment it is a really good think to follow.
A few minutes ago Zew Sentiment was better than expected, and what did we all see, a down move for euro.
This is Forex!! Close your eyes to all noise that is around you and follow your sentiment, if you're sentiment is for USD as "SAFE HAVEN" Go for it!Ignored
DislikedI don't think that the US central bank worked so hard to pull the EUR/USD down only to let it rise significantly today when it needs US sentiment to be strongest.
It seems like a foregone conclusion that it will be another rally for USD no matter what the news is.
I posted earlier today a weekly chart where it shows that the EUR/USD is due for a bounce upwards. Yet, it has been strongly breached on two occasions. I think I was foolish in a way for thinking that it would bounce up given what has happened over the last few days. This boat is going down and I don't even have to look at the chart. (Not that I'd trade on anything other than the chart but I'm just saying...)Ignored