EUR/USD View

Discussion in 'Forex Trading' started by tacmot, Mar 16, 2006.

  1. tacmot

    tacmot

    My Trading system for EUR/USD just gave me a sell EUR/USD signal. Do any traders have any views on where EUR/USD is likely to go over the near term
     
  2. gwac

    gwac

    I sold at 1.2180 for 1.2115-20 area, before the next leg up.

    The hourly euro/usd charts show the pair is over extended and
    do for a correction.

    QUOTE]Quote from tacmot:

    My Trading system for EUR/USD just gave me a sell EUR/USD signal. Do any traders have any views on where EUR/USD is likely to go over the near term [/QUOTE]
     
  3. tacmot

    tacmot

    My system took me short EUR/USD at 1.2173. I is based on 5 min bars
     
  4. I think it's a good trade, Tacmot.

    Panic spike. Should melt off at least half. Pocket yourself 50-pips. :D Give it a day or so.

    Good luck,

    x
    1.2169
     
  5. pctrader

    pctrader

    Tacmot,

    Target 1.2060 and 1.1950.