1.2040-50 a great place to make a trade with low risk/reward. If it holds, likely to retrace to 1.22 area. If not, we can go a lot lower on the technical break of long term resistance. Only thing that worries me is the potential for short squeeze given the prevalence of EUR/USD shorts.
- #947,222
- Jan 1, 2015 11:13pm Jan 1, 2015 11:13pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!
- #947,225
- Jan 1, 2015 11:25pm Jan 1, 2015 11:25pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!
- #947,227
- Jan 1, 2015 11:29pm Jan 1, 2015 11:29pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #947,232
- Jan 1, 2015 11:49pm Jan 1, 2015 11:49pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
A good trader follows his rules, but great trader knows when to break them
- #947,235
- Jan 2, 2015 12:12am Jan 2, 2015 12:12am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!
- #947,238
- Jan 2, 2015 12:21am Jan 2, 2015 12:21am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
Read the entire market, money is made on the main trend not the fluctuation