Discussion in 'Trading' started by ikanfx, Dec 3, 2014.
thanks..i shorted it at 1.2360 and exited at 1.2310
Anyone silly enough to buy the euro today deserves to lose their shirt.
I just read that on Friday the euro took advantage of what was supposed to be a quiet week, rallying to a two month high; and that it was the fourth day of EURUSD gains on a combination of US dollar weakness and good news from Europe.
Supposedly the US dollar is looking increasingly vulnerable, and the lead-up to the FOMC meeting in December should be very interesting, with there possibly being a rather rough finish to a nightmare year for any US dollar bulls.
At the time the market closed on Friday, my "buy zone" for the pair was anywhere between 1.1914 and 1.1925.
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