I'm back and improved! However the RSI is overbought on the daily, still think theres an upmove ahead based on the technicals. I'll be watching this pair closely @market opening. Enjoy your trading!
Just my Idea on this trade. Im allready in with 1 position and I think I'm gonna ad another one. I like to hold trades for a longer time. My target is the 103. area but we'll see, as there are a few support levels ahead.
Here is another chance for the people who like to hold positions. I like to keep my charts plain and simple! Good luck with your trades!
What I see is a great opportunity for the people who like to hold positions. This trade is also based on structre. Both my SL and TP based on structure. Some might say my SL is a bit tight but I see no point in holding the position after 1.5449. And TP all the way at 1.8311!
As many traders, I was able to enjoy a little ride down south. However, after reviewing the chart today and reading some news. I now have a new perspective. This is the setup: -ABC pattern has finished -Support line has been hit -Fundamentally better news for the EUR (Greek bailout votes, etc) Haven't decided yet if I'm holding this for a couple of weeks or...
Currently I'm holding this shorting position in quite a few pips profit. My idea is to hold this short untill 1.0700 level. I just think the EU pair is in a major consolidation. Good luck with your trades!