A little loss today cos of silver. I have closed all my positions. Trading silver wasnt a good idea after all.
To me, the pullback to 1.1885 looks like it was only temporary. From my perspective, it seems that EURUSD still wants to climb higher.
P Possibly but it still needs a correction during Asian. Besides, it has made higher high on daily so there is relatively higher chance of reversal in the next session. Well, lets see. I have just sold gold, , NZ, AU, Cadjpy, and bought Uchf, Gbpchf, Gbpaud based on correction/reveraal possibility All with roughly 10 pips sl, I will hold them next 8 to 12 hours if they survive. Lets see
Have sold AUNZD since it has been unable to break the last daily key resist for a few days. GbPcad on weekly support but it's a bit too far away from where I want to buy...1.693ish is a bit reasonable price . .
EURUSD has been in an uptrend for over two weeks—ever since December 8th. I have absolutely no idea whatsoever when it might turn around. I simply note when it evidences signs of doing so and then trade accordingly. Presently, I see no signs of a reversal occurring anytime soon.
closed my short at 1.1887 at close of US session; not more than a few measly pips however. Now short again @ 1.1904
When it comes to EURUSD, I am ONLY interested in entering long positions (following pullbacks). For example, when you closed your short position at 1.1887 is when I would have opened a long position, except that there were other trades I found more to my liking. (It was at about that time that I bought AUDJPY, AUDUSD, NZDJPY and NZDUSD, and sold EURAUD.)