Open trading account 
Hey
This week is going to be difficult for those who insist on trading the Euro (like me). As you all know, the economic calendar is filled with data releases from the Euro area and on top of that we also have the ECB presser later in the week on Thursday.
I'm still holding my long(s) in EURUSD but I'm looking to close everything there before the ECB. The problem is that the drop from 1.1460's was a bit too deep for my taste and now I have two solid setups - one for the long side and the other one for the short side. So, I need to see further price action to figure out what to do next.
Besides EURUSD, I'm also keeping a close eye on the commodity currencies but I'm not planning to take any trades in those pairs before Wednesday. After that, anything is possible.
Cheers!
This week is going to be difficult for those who insist on trading the Euro (like me). As you all know, the economic calendar is filled with data releases from the Euro area and on top of that we also have the ECB presser later in the week on Thursday.
I'm still holding my long(s) in EURUSD but I'm looking to close everything there before the ECB. The problem is that the drop from 1.1460's was a bit too deep for my taste and now I have two solid setups - one for the long side and the other one for the short side. So, I need to see further price action to figure out what to do next.
Besides EURUSD, I'm also keeping a close eye on the commodity currencies but I'm not planning to take any trades in those pairs before Wednesday. After that, anything is possible.
Cheers!
