EUR/USD:
Short at 12800 (02/24) L/Closing: 12545 Floating: +255 pips
Hold Short, maintain stop at 12790
GBP/USD:
Short at 14250 (02/26) L/Closing: 14127 Floating: +123 pips
Hold Short, maintain closing stop at 14350
AUD/USD:
Short at 6420 (02/27) L/Closing: 6386 Floating: +34 pips
Hold Short, maintain closing stop at 6550
USD/JPY:
Long at 9150 (02/16) L/Closing: 9813 Floating: +663 pips
Hold Long, maintain closing stop at 9580
USD/CHF:
Long at 11600 (02/24) L/Closing: 11699 Floating: +99 pips
Hold Long, maintain closing stop at 11460
Quote of the Day:
"The difference between the impossible and the possible lies in a person's determination." - Tommy Lasorda
Hi Michael,
ReplyDeleteWHAT IS THE FUNDAMENTALS FOR EUR/USD NOW?
Change of trend? USD down?
thks
Hi Newbie1,
ReplyDeleteWe are technical traders, don't place much emphasis on fundamentals. However, the EUR/USD is still fundamentally weak. Some experts predicted it may go down to test the 1.2300 level. Who knows? I follow my trend system, so far if it stays below our closing stop of 1.2790, the downward momentum still maintains.
Regards,
Michael