jeudi 5 mars 2015
MV's Hangout
Posted on 04:07 by nice news
I trade the EUR/USD, GBP/USD, and AUD/USD. I will post my analysis, thoughts about trades for the day, and the bigger picture. Feel free to join in and ask questions and etc...
Lets start out with my thoughts on the big picture right now...
EUR/USD... Meh, support levels are sinking by 30+ pips a day... Trend is heavily confirmed down. I might be bullish next week in the short term if the EUR seriously loses it on the jobs report and spikes down toward parity. Ugly downtrend in an ugly bear market! Not really sure if the EUR has fully priced in the failure of Greece yet... *Shrug*
GBP/USD... Over the next couple weeks should see some good long setups around 1.51. Should be some juicy 100-200 pip long trades showing up. Not sure exactly where it will find support, but it needs to consolidate until around the middle of the month.
AUD/USD... Who knows, it's just kinda drifting around...
Lets start out with my thoughts on the big picture right now...
EUR/USD... Meh, support levels are sinking by 30+ pips a day... Trend is heavily confirmed down. I might be bullish next week in the short term if the EUR seriously loses it on the jobs report and spikes down toward parity. Ugly downtrend in an ugly bear market! Not really sure if the EUR has fully priced in the failure of Greece yet... *Shrug*
GBP/USD... Over the next couple weeks should see some good long setups around 1.51. Should be some juicy 100-200 pip long trades showing up. Not sure exactly where it will find support, but it needs to consolidate until around the middle of the month.
AUD/USD... Who knows, it's just kinda drifting around...
MV's Hangout
Categories: MVs Hangout
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