Where is EUR/USD going short term?

[tacmot]

Hello traders.....with the EUR/USD currently 1.2033, do you think that it will move higher from here...my system currently has me short.....

 

[DynamicReplic8r]

Quote from tacmot:

Hello traders.....with the EUR/USD currently 1.2033, do you think that it will move higher from here...my system currently has me short.....

It'll go to 1.2034, then back to 1.2033, then 1.2032, then...

How short term are we talking?

 

[tacmot]

I trade the Euro/USD using 5 min charts using my trading system....good to see it back to 1.2024

 

[Ebo]

You will be blown out of the water if you SOLELY use a 5 minute timeframe.

 

[tacmot]

What is the best time to use on a chart when trading USD/EUR?

 

[Ebo]

Noon!

If your "system" works, and you make money, then ignore every comment on this board.

I personally use a 15,30,60,90 min, and a daily for everything I trade.

 

[tacmot]

Thank you all for your thoughts...good to see EUR/USD now at 1.2013/16