EC bottom level does not really matter, if 1.2073 1.2055 1.2035 or 1.2025 when you are looking at your positions for the long term profitability.
No one can guarantee the level, does not matter if you have longs at 1.2081 1.2093 or 1.2076 when the long term bottom is only some 50 pips(if it goes more down) far of your positions prices. The R-R ratio is very good. I don't think EC will stay down like before, at least for the coming few days it will fight to stay above 1.2080 and we'll have a brighter view by then. There's not even a leak of words from the SNB yet, it will come!
Ukraine conflict will not make EC spike to 1.2130 even, despite I hope that but it will do that without any solution even. If we want to create reasons for the called safe heaven, we will not end. Starting from Ukraine, going to Iraq, Syria, Palestine, maybe Iran nuclear weapon too!
Palestine war have just been solved(at least for the seen future), what had it effect EC, not a single up move!
After Ukraine solution can be just as before it, there will be a new excuse like maybe ECB QE or something, save yourselves the headache, EC played by big boys, just wait and count profit on the way up, care less of the reason
No one can guarantee the level, does not matter if you have longs at 1.2081 1.2093 or 1.2076 when the long term bottom is only some 50 pips(if it goes more down) far of your positions prices. The R-R ratio is very good. I don't think EC will stay down like before, at least for the coming few days it will fight to stay above 1.2080 and we'll have a brighter view by then. There's not even a leak of words from the SNB yet, it will come!
Ukraine conflict will not make EC spike to 1.2130 even, despite I hope that but it will do that without any solution even. If we want to create reasons for the called safe heaven, we will not end. Starting from Ukraine, going to Iraq, Syria, Palestine, maybe Iran nuclear weapon too!
Palestine war have just been solved(at least for the seen future), what had it effect EC, not a single up move!
After Ukraine solution can be just as before it, there will be a new excuse like maybe ECB QE or something, save yourselves the headache, EC played by big boys, just wait and count profit on the way up, care less of the reason
Trade according to current market condition, not what you think would be.
, itchy finger
