For the followers who follow my previous short trade around D point, please pay attention to the green zone if you are a short or middle term trader. For long term trade who hold positions more than half a year can ignore this idea.
In the green zone, the EURUSD may have a good support. If you short previously, you can take some profits here first. There might also be some long signal during this zone for short term trader. I will publish in other idea if I have time to do it.
In the green zone, the EURUSD may have a good support. If you short previously, you can take some profits here first. There might also be some long signal during this zone for short term trader. I will publish in other idea if I have time to do it.
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The price as what I predicted, really hit the yellow zone bottom level and drops again.
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As we predicted, the green zone really supports well currently~! For short term traders who short the EURUSD, I have reminded all of you to take most profit around green zone. For those who see my buy idea from green zone short-term traders, you must have earned around 260 pips. Protect the profit.
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Seems today does not show much action on the market and I believe the big move will be after Yellen's speech early tmr morning. We check this idea after that.
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Now is 1.13800. From 1.109 to current price, 290 pips.
If you trade long based on this educational idea, you have earned around 100 pips/.