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The EUR/USD and the 1.3900 level.
会员从Oct 11, 2013开始
775帖子
Apr 11, 2014 at 08:45
会员从Oct 11, 2013开始
775帖子
We must agree that the EUR/USD is clearly overbought and may at any moment make a correction, specially now that it has reached the 1.3900 level, and that there is a higher probability of investors taking their profits off the table. Let us wait and see if indeed the price retraces from this zone.
会员从Oct 11, 2013开始
775帖子
会员从Oct 11, 2013开始
775帖子
Apr 17, 2014 at 09:01
会员从Jun 12, 2011开始
51帖子
Just to add that all these comments about reaching 1.3900 and then shorting, etc must be put into the context of the time frame you are trading. Of course none of these comments are much important if you are trading on 5min or 15 min for example.
Although the main trend must be taken into account even when trading in those short time frames there are plenty of oportunities to go long, go short, etc until we reach those levels.
Although the main trend must be taken into account even when trading in those short time frames there are plenty of oportunities to go long, go short, etc until we reach those levels.
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