I am looking for a thread that regularly trades the euro/usd. Are you guys long at the moment on the euro?
1.34850 as I sit here. Looks to keep going up. I wonder if it will come close to the 52 week high at 1.42950?
You're talking 200MA right? Crossed which? And at what Interval. I'm looking daily 200SMA with 50 SMA and see no cross.
I am very much a novice trader. I meant that the daily had cleared the 200sma. If I'm on a longer timeframe, I trade the 4hr and buy once its passed the 200 here.
1.3772 is a completion of range extension , reckon that should be the lid on eur for the next couple of weeks . shorts from around that level with stops above 1.3800 is my plan of attack . tipped toes already willing to scale up to the above level .
fridays price action welcomed with confirmed trendline break . fairly decisive so looks like it will stick . low 134's first price of interest . will wait for lower swing high to lower stop above .