Did you catch the move today in the Euro? Booked 130 pips of the move from 1.4360- 1.4646 this morning, I'm shooting for 1.500- 1.51 in the seond wave up, with the 75bps cut in interest rate differentials being the primary variable, but we'll have to stay above 1.4580 to continue gains for today. What do think; you what are you trading?
Forex Forays presents one trader's ideas, opinions, successes, failures, strategies, predictions, and other insights gained from first-hand experiences (good, bad, and just confusing) in the global currency markets, with a particular focus on the EUR/USD and GBP/USD currency pairs. All posts in this blog are intended for informational and educational purposes only, and all content on this site is the exclusive copyright of Forex Forays.
2 Comments:
Did you catch the move today in the Euro? Booked 130 pips of the move from 1.4360- 1.4646 this morning, I'm shooting for 1.500- 1.51 in the seond wave up, with the 75bps cut in interest rate differentials being the primary variable, but we'll have to stay above 1.4580 to continue gains for today. What do think; you what are you trading?
cool blog, hope to see more soon
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