Hi,

this month I decided not to trade during the first week, as I could not find any good place to get into the market.

Taking a quick look at where the market stands I think that it could be a good idea to enter EUR/USD short, as the price is currently around the monthy pivot point.

This is a pretty huge risk and the position is not perfect, but on the other hand if I do not to trade quickly there is not going to be any chance to get into the TOP20 at the end of the month.

Wishing you all good luck in this month's contest.

Best regards,

defka
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