EU as of right now is a buy to the pivot which is above it. The buy is no longer valid once the bid closes under 1.11807. Should that occur take the short, and ride it to the pivot below. You can see from my trades in both of my clients accounts I have taken the EU long and closed them for profit.
Markets all messed up - guess we need too wait for these waves to move through the system first. current open positions. nothing stable worth recommending, just taking some high risk scalps at the moment.
If you read all the analysts' reports 9 out 10 of them are bearish on EUR. In fact it seems everybody in the world is bearish. I wonder why the hell those firms are not selling fresh and taking the pair close to 1.00.....LOL. EUR is more or less steady for last 2.5 days which means equal volume of buyers were also present in the market. The question is who are these people?? Are these all short coverings or fresh buy positions??
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