Dear fellow Traders,

For the first time I am using this blog to reach out to you for trading ideas..
I am stuck for a good entry and/or position after (almost) breaking even last week,
and basically starting over again.

  1. Let me first tell me what I have got:

Euro weakness and Usd strength predicted in the forex market;
I don't see Eur/Usd going down much this week though, as there is strong support around 1.357
and I don't see Usd/Chf going up as this is a slow mover, usually
So, what does that leave with, I don't know

2. Gbp is due for a retracement:

But GB government/banks have announced a rate hike which will keep Gbp/Usd strong,
and technically there is room up to 1.73 area which is 50% monthly fibonacci retracement


So, anyone got a good idea they would like to share with me?
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –