EU - where is it going next?

Why don't you have a look at the chart?

PS One should refrain from strong opinions while trading.

 

There you go - chart with the 1st target hit.

No need to 'piss money away' as you put it.

 

2nd target hit as well.

This is a real life example.

What do you prefer?

Live calls or strong opinions with hind sight examples.

 

North, south or chop - that's for sure.

 

They've got enough money to get over the March 20th hump. But they aren't done by a longshot. Greece is still a problem for the EMU.

 

Going south from here? (on the 1st of September)


What do you think?

 

Forget technical analysis, ECB makes interventions.

 

Eurozone inflation is too high already and they'll have to keep printing money in order to buy bonds and bail out Spain, I don't see that on the chart.

 

Yes - it went south and hit the first target.

I did a bit of trade management, so closed 1/2 and moved stop to the entry point.

This way I'll keep part of the profit whatever happens - and anything can happen with eur/usd (depends on ECB and other manipulators)

 

eur weekly