Several shorts at 1.2866/70 in one account.
Other account all shorts already closed, no need to have more than 3% of my account!
All the Overnight and Morning PA was showing more % for we to see this drop.
In spite this Pair is way too confusing right now.
I choose shorts and now my average at 1.2844!!
Will close some of them only below 1.2644, let's see what this will bring to us.
BE for me if this start to go up again!
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Joined Jul 2006
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Status: Hunting down wild PIPS for a living
|267 Posts
Has anyone noticed that on triple interest Wednesday, it seems that they bring the e/u down till around the London fix and then try to lock up shorts and rally the price to collect interest by end of the day???
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Joined Apr 2008
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Status: topforextraining
|21 Posts
I just discovered this thread. I trade EURUSD exclusively. I am currently Short @ 1.2739. Will close half my position if we hit 1.2700 and let the remaining half run. That is almost always my strategy and it works well for me. I'm able to lock in some profit, and still allow an opportunity to not miss a potential run.
Has anyone noticed that on triple interest Wednesday, it seems that they bring the e/u down till around the London fix and then try to lock up shorts and rally the price to collect interest by end of the day???
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Joined Apr 2008
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Status: topforextraining
|21 Posts
Okay out half position for +30. Stoploss at breakeven with a 50 pip trailing stop in place. Not bad for about 20 minutes of work, and now I can relax with no stress at all. If Price moves through 1.2700 the next resistance is between 1.2670 and 1.2660. After that things look good for a move to continue downwards, but that doesn't mean it will happen. There are no gaurantees, which is why it doesn't pay to make predictions or forecasts. I just wait for a pullback and trade with the trend of the day.
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