Sunday, 13 July 2014

STILL SHORTING ON EURusd


In the article i posted at the beginning  of July i said that EURusd will go south this month. What that means is that if you have to trade on EURusd for this month, even as an intraday trader only look for the opportunity to go short. That does not mean to say that there will not be opportunity to go long but the best shot for you to take  will be to go south. Let's see the weekly time frame and what is happening with it.



See how it broke the T.L and the  support at 1.3693 price level. Again it has pulled back to the support making it a ,level of resistance. and it has started to pull back to the south after bouncing off the level so whatever happens I will continue to go south. This is my opinion and its not for you to trade with. Just decide whatever you do is your responsibility.

And I will See You At The Next Level

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