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Finally, after a very slow week of anticipation and waiting, the USD finally starts to lose steam. The EURUSD is taking off like a Bat Out of hell...To the Sky and Beyond!!
I have a nice long EURUSD position currently running at over a 100pips. Its an interesting lesson, learning to wait. Ideally, i should have waited for a trend change confirmation before taking that long. Contest account is in recovery phase, still about 40% down, but am sure the Eur bulls will continue. My target is still 1.4 or more. The yen pairs have all started showing weakness, with the USD down and no bullish USDJPY to support, i expect some heavy yen strength. have a good weekend people.
I have a nice long EURUSD position currently running at over a 100pips. Its an interesting lesson, learning to wait. Ideally, i should have waited for a trend change confirmation before taking that long. Contest account is in recovery phase, still about 40% down, but am sure the Eur bulls will continue. My target is still 1.4 or more. The yen pairs have all started showing weakness, with the USD down and no bullish USDJPY to support, i expect some heavy yen strength. have a good weekend people.
