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EUR longs not holding up - time to evaluate

My Eur longs that I kept throughout the weekend went bad
Eur is feeling weaker to me now, and Usd stronger
I had to do some market research,
but my best bet now seems to be going short Gbp again
Gbp is down today together with Eur, while UsdJpy looks positioned for a move higher
With GbpUsd now below the resistance level again at 1.2760
I am shorting Gbpnzd and GbpAud as soon as I can
I will have a sell stop waiting for GbpUsd if it breaks below 1.27
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Almost found a nice opportunity to make some money yesterday

I thought that I found some nice trading opportunities on the market yesterday
Fundamental and technical analysis led me to believe
it was time to short AudUsd below highs and buy Eur crosses above support
I did not want to risk my capital so I used tight SL's
I started with a long EurJpy above 1.23, but that was stopped out
I went long EurAud, and EurNzd above support and shorted AudUsd and AudCad below highs
all with relatively short SL's
After some Cad data came through my AudCad started maki…
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Back down to 60K again

I was stopped out again today at 60K
I was long EurNzd yesterday and had gained 150 pips
so I decided to add longs EurAud and EurCad last night
but a drawdown or pullback stopped me out today
I am long EurNzd again now
I hope to gain a little before the weekend and maybe be back to 100K next week
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Looking to buy Euro at support levels

I still am bullish Eur/Usd but I am uncertain how it is going to play out
After putting in a double bottom around 1.05 on the weekly chart Eur/Usd is moving up again
After hitting 1.10 and retracing 61.8% to 1.07 the pair is moving up again
I am uncertain where to buy because of recent messy action on the markets
I have decided to buy above 50% fibonacci retracement with tight stop now,
so I will not lose a lot, and will be able to get in at a lower level if necessary
gl all
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My belief in EUR long still paying off

I made 50K just now going long Eur
Since last month and the rise to 1.09 from 1.05 I have believed in Euro longs
I saw some nice setups, technically, in Eur/Usd, Eur/Nzd and Eur/Aud tonight
and i went long all three of these pairs
There was a jump above support in all these pairs just now, and I took my profits
I will see how the technical picture is tomorrow
but for now, i shall hold on to the profits
gl all
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Getting off to a good start

For once I would like to get it right
Whenever I start off with a good plan for the contest I usually blow it
I get cold feet or start second-guessing my positions or my strategy
Not this time though, I believe in the Euro comeback now
I started long and I am up about 25K now
The prospect of a rate raise by the US did not shake the Eur too much and that was the big test
as far as I am concerned
I am keeping my Eur longs for the entire month, and will be looking to build them along the way
I hope…
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Looking for opportunities in Euro

This month I will be looking to go long Eur
Eur/Usd is down towards previous lows at the moment but 1.05 has been rejected for now
I intend to go long above 1.05 because it indicates a daily/weekly double bottom now
Eur looks to be recoving if it doesn't break previous lows and there is plenty of room upwards
I will be building a strategy around Eur longs this month
gl all
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ForexSpeaker avatar

AGREE WITH YOU
GOOD LUCK

AdamFx42 avatar
AdamFx42 2 Dec.

Thanks, good luck to you too

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Long EUR/USD paying off well

High hopes for a Greek deal pushed Eur up
I was happy to see that my long Eur/Usd payed off well after Greek deal came
I decided to go long around 1.09 after I read that talks were heating up
and even the UN was getting involved
I know that the Euro is never going to give up on Greece
and the deal had to be made - so i went allin on the relief trade
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