Today I realized that I posted my last two posts in the regular blog and its not the one meant for Trader Contest (huh :P). So I updated the tag on those two post so they will finally go where they were supposed to go - to the Trader's Blog.
Now for today I am still looking at the EURUSD. Just now the pair broke above the 11.1690 level so the thing to look out for is whether it can hold above that level or not. If it holds then we might see a move upto 1.1725 and then if that breaks the will finally test the 1.1850 (well not directly - it will test 1.1745 then 1.1775 then 1.1800 and finally 1.1850 - lots and lots of work to do). And in the meanwhile I do have my EURUSD long trade open with the profit target set at 1.1850 (I know its gonna break all the barriers and is heading to the final goal, I'm sure of it - kidding - if it stops in between and shows signs of struggle then I might close down my position).
And if the pair is not able to hold the 1.1690 level then we may see a move down to the 1.1650 level.
Now for today I am still looking at the EURUSD. Just now the pair broke above the 11.1690 level so the thing to look out for is whether it can hold above that level or not. If it holds then we might see a move upto 1.1725 and then if that breaks the will finally test the 1.1850 (well not directly - it will test 1.1745 then 1.1775 then 1.1800 and finally 1.1850 - lots and lots of work to do). And in the meanwhile I do have my EURUSD long trade open with the profit target set at 1.1850 (I know its gonna break all the barriers and is heading to the final goal, I'm sure of it - kidding - if it stops in between and shows signs of struggle then I might close down my position).
And if the pair is not able to hold the 1.1690 level then we may see a move down to the 1.1650 level.