Eur/USD

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Quote from spersky:

Closed my 3 short in EC from 1.2348 and 1.2284 for about 500 pips. Was a very nice week. I think there will be a buying opportunity next week.
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Trade on Thursday created a bearish divergence with MACD and RSI on daily continuation charts. I would be cautious with a long entry just now. The low today hit the 20 day, so there is always a chance that it won't go through. I am targeting 119.60 initially.
 
Quote from spersky:

Closed my 3 short in EC from 1.2348 and 1.2284 for about 500 pips. Was a very nice week. I think there will be a buying opportunity next week.
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Not quite understanding how this is 500 pips. Good trade, though.
 
Quote from Buy1Sell2:

Trade on Thursday created a bearish divergence with MACD and RSI on daily continuation charts. I would be cautious with a long entry just now. The low today hit the 20 day, so there is always a chance that it won't go through. I am targeting 119.60 initially.
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Got 118.85 here as target.. :)...Not sure if it's Going north Much
 
congrats guys......awesome trades.........I got out of a short too soon and also went long too soon.............net net -$300 .....still nursing the long as well as a long in the June Bund contract......
 
Quote from $$$lover:

congrats guys......awesome trades.........I got out of a short too soon and also went long too soon.............net net -$300 .....still nursing the long as well as a long in the June Bund contract......
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exercise extreme caution with a long
 
There's only a bottom at 1.21 because there's a big CB camped there. But he'll be overcome shortly - is my guess. Target of 1.23 is not viable at this point given fundies or techies.
 
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