Long EURUSD @ 1.2981, SL 1.2931

9.48 bst

I’ve noted this pair as being very well bid, even when there wasn’t any apparent reason. But the technicals have been messy – very tightly range bound with sudden falls followed by sudden surges. Hence I’ve been reluctant to trade it. But the pattern seems to be more bullish than bearish so I’m going long here. A bit late, but with the bigger picture in mind, it should pay off.

Long $20/pip EURUSD @ 1.2981, SL about 50 pips lower.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s