Hello trader,
This was absolutely wrong prediction made by me. I was so stubborn that euro will rise and there where so many bullish traps that I fall in 2 of them and lost 50% of initial equity. My original prediction is still intact 1.062 a level of stop buy or stoploss (which I couldn't reach because of Margin call) I have lost all the chances for the contest but I can make some analysis of the reason this has happened. First tomorrow is FOMC meeting and maybe there are a lot of potential energy for rocket up move. I still doubt that level 1.06 will be broken but during FOMC minutes everything is possible. Another interesting and hot asset is gold. It is reaching the very strong support of 1037 (6 years ago) there is a previous resistance also and if it is broken (which I seriously doubt) than there will be no surprise gold to reach even the price level of $900 where the massive buying will begin probably. But will this happen until the end of the year I am not sure.
Good luck
This was absolutely wrong prediction made by me. I was so stubborn that euro will rise and there where so many bullish traps that I fall in 2 of them and lost 50% of initial equity. My original prediction is still intact 1.062 a level of stop buy or stoploss (which I couldn't reach because of Margin call) I have lost all the chances for the contest but I can make some analysis of the reason this has happened. First tomorrow is FOMC meeting and maybe there are a lot of potential energy for rocket up move. I still doubt that level 1.06 will be broken but during FOMC minutes everything is possible. Another interesting and hot asset is gold. It is reaching the very strong support of 1037 (6 years ago) there is a previous resistance also and if it is broken (which I seriously doubt) than there will be no surprise gold to reach even the price level of $900 where the massive buying will begin probably. But will this happen until the end of the year I am not sure.
Good luck