Блог AdamFx42

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Long EurNzd seems a idea

EurNzd has been on its way up sharply for a while now
Retracement has occured recently and it might be over soon
I like a EurNzd long at this retracement level
as I think that EurUsd will go back up again
So, I am long EurNzd just above 1.51
looking to break above previous highs around 1.54
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Going long EUR again

Today I am long Eur again
I decided to try my luck at some Eur crosses
EurNzd and EurAud both look technically good for a break higher
EurNzd is in a strong move up and above 1.50 now
It should continue up move if eurUsd stays strong
EurAud is about to break above 1.40
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Trying to short the Euro this time

I am trying to make some pips shorting the Euro now
My EurNzd position I have had to close:
EurNzd dropped below support, and I shored it, but it proved a false breakout
The pair is back up above support and SMA's again,
and I had to close this position with a 100 pip loss
I shorted EurCad, too - above 1.40, and this position is doing better
I am up about 40 pips, and strong Cad data just now suggests that it might fall further
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Staying long Euro now

I am staying long Eur after EurUsd break above 1.05
Like I thought - UsdJpy is retreating below 118 (see previous posts)
and Eurusd is growing stronger
For some reason knowing this has not helped me
as I have been unable to make any progress this month - and am even 40K down at the moment
I was in quite deep at the start of the contest - but I feel I was unlucky to be stopped out, though
EurUsd was swinging around a lot the first few days, and that cost me
It is a long way back - and I have deci…
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