ECBs balance sheet is expanding more rapidly than US CBs.. the greater the stimulus the weaker the currency.. but "shockingly" the eurusd is getting stronger vs usd... will it last????...stay tuned.. http://www.bloomberg.com/video/popout/IJek_CePTyKMCX7ug4RyWw/00:03/
looks like it wants to see how low it can go before it goes higher not good for me because I am long at the moment general consensus is 1.36 they never talk about how low it can go I wouldn't want to be short down here you might get something short term but I don't trust that dollar and I am just trading the chop we aint even talking about trends yet at anyrate, if I can get a short quick profit I am going to take it I can always get back in on the long side, either lower or higher
What's the reason to trade with such an unfavorable R:R? IMO it's not too difficult to fine-tune 25 pips target entries better and not risk 100 pips every time.
i look for profitable strategies regardless of make-sense-feel-good parameters.. i don't seem to do well with reasonably tight stops, i'm trying something else...