Where is EUR/USD going short term?

Discussion in 'Forex Trading' started by tacmot, Mar 15, 2006.

  1. tacmot

    tacmot

    Hello traders.....with the EUR/USD currently 1.2033, do you think that it will move higher from here...my system currently has me short.....
     
  2. It'll go to 1.2034, then back to 1.2033, then 1.2032, then...

    How short term are we talking?
     
  3. tacmot

    tacmot

    I trade the Euro/USD using 5 min charts using my trading system....good to see it back to 1.2024
     
  4. Ebo

    Ebo

    You will be blown out of the water if you SOLELY use a 5 minute timeframe.
     
  5. tacmot

    tacmot

    What is the best time to use on a chart when trading USD/EUR?
     
  6. Ebo

    Ebo

    Noon!

    If your "system" works, and you make money, then ignore every comment on this board.

    I personally use a 15,30,60,90 min, and a daily for everything I trade.
     
  7. tacmot

    tacmot

    Thank you all for your thoughts...good to see EUR/USD now at 1.2013/16