Managed to make a couple of positive trades in the EUR/USD pair today taking advantage ofthe momentum caused by the ECB conference.
Additionally, a quick trade with a 3.45 position in the EUR/AUD gave a relatively easy profit as the pair benefited from the ECB conference and didn't seem troubled at the time at the better than expected US GDP news.
Finally, took two longer-term positions, one on GBP/JPY since the pair seems to be in acorrection, setting the profit target at a Fibonacci level and one on USD/JPY.
Applying a similar logic on the trade, since after the drop today to almost 101.58
the pair looks like it has some more room to go down to 101.10.
Additionally, a quick trade with a 3.45 position in the EUR/AUD gave a relatively easy profit as the pair benefited from the ECB conference and didn't seem troubled at the time at the better than expected US GDP news.
Finally, took two longer-term positions, one on GBP/JPY since the pair seems to be in acorrection, setting the profit target at a Fibonacci level and one on USD/JPY.
Applying a similar logic on the trade, since after the drop today to almost 101.58
the pair looks like it has some more room to go down to 101.10.