Open trading account 
A happy new trading month to all!
I think that the first week of trading in the competition will be all about Euro selling
Draghi announced the intended rate cut this month
and the actual decision and the range and magnitude of the plans will be laid out this coming week
The Eur/Usd short trade seems like a no-brainer
The pair has put in a monthly bearish engulfing candle, technically
and has broken the 200 SMA to the downside
while the fundamentals support a larger move down, too
A break below 1.35 will also signify a reversal in the pair to the downside
I will be looking at previous charts and will try to sell Eur
against the strongest Fx performers/currencies right before the ECB decision
Good luck to you all this month!
I think that the first week of trading in the competition will be all about Euro selling
Draghi announced the intended rate cut this month
and the actual decision and the range and magnitude of the plans will be laid out this coming week
The Eur/Usd short trade seems like a no-brainer
The pair has put in a monthly bearish engulfing candle, technically
and has broken the 200 SMA to the downside
while the fundamentals support a larger move down, too
A break below 1.35 will also signify a reversal in the pair to the downside
I will be looking at previous charts and will try to sell Eur
against the strongest Fx performers/currencies right before the ECB decision
Good luck to you all this month!
