EUR on EUR own !
Good Evening / Morning Dynamic Traders
"Better to have tried and failed, than not tried at all"
Cross = EUR : Daily Chart (Posted Below)
Long Term Trend = UP : Short Term Trend = UP
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It looks like we have run out of time this week to see our big move which is brewing up. Make sure you re read last nights blog on where this cross may be going. It needs to be on your watchlist after all the work you have put in over the week.
Yesterdays candle tested support after opening above our trendline, only to be beaten back by the bulls.
We are currently out side our trend lines, with RN, and resistance just above and support just below. We do have 100 pips between both areas, so no need to make a rash decision.
Patience is the answer for this trade, and use of the ESLT with a BOB is recommended in which ever way price goes. Remember the trend is generally in a upward motion, so more strength would be in that direction for momentum.
I leave you with the daily chart to reflect on over the past week, have a great Valentines weekend and those with partners, treat them special. It is good to have a companion on your journey through this world.
I will speak to you all on Sunday and those starting the webinars on Monday, look forward to 12 weeks of learning you will not get anywhere else. Make plenty of notes.


Courtesy of Advanced Get / E Signal
Trade with Passion
John Maher
Forex Analyst
Labels: EUR
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