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Raoul Pal@RaoulGMI 6h6 hours ago
$EURUSD Seems like a near perfect set up to establish a test short. Stop loss is close, giving a great risk reward. DeMark has a daily 9 too
$EURUSD
- Thread starter dealmaker
- Start date
All depends on the French election right now.
Nope...the ecb meeting on Thursday ....the election is pretty much over imo
Darn, that is a GOOD trade!
I'm short EURUSD at 1.0862, stop at 1.0922...60 pips plus slippage which could be quite a bit.
Technically, although it has been in an uptrend for some time, today it hit previous highs and couldn't stay there, indicating a possible change in trend...also big gap all the way to 1.0779
Fundamentally, we have loose monetary policy in Europe (the Thursday meeting could change that, but i doubt it) compared to tightening in the US. Also Trump is announcing some tax change on Wednesday which may be good for the dollar.
I'm short EURUSD at 1.0862, stop at 1.0922...60 pips plus slippage which could be quite a bit.
Technically, although it has been in an uptrend for some time, today it hit previous highs and couldn't stay there, indicating a possible change in trend...also big gap all the way to 1.0779
Fundamentally, we have loose monetary policy in Europe (the Thursday meeting could change that, but i doubt it) compared to tightening in the US. Also Trump is announcing some tax change on Wednesday which may be good for the dollar.
Hard to say, Le Pen still has a shot.
Knowledge Leaders@KLCapital 3h3 hours ago
Is the USD Bull Market Over and What That Would Mean for Your Portfolio http://blog.knowledgeleaderscapital.com/?p=13034
Pippa Malmgren Retweeted
Brexit Alarmism@BrexitAlarmism 4h4 hours ago
Latest BBC French Election Poll Tracker shows Le Pen gaining momentum http://www.bbc.co.uk/news/world-europe-39641442…
L
lovethetrade
The Euro is looking quite strong at the moment, in particular the EUR/AUD cross.