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ECB Conference Benefited the EUR Pairs

Managed to make a couple of positive trades in the EUR/USD pair today taking advantage ofthe momentum caused by the ECB conference.

Additionally, a quick trade with a 3.45 position in the EUR/AUD gave a relatively easy profit as the pair benefited from the ECB conference and didn't seem troubled at the time at the better than expected US GDP news.

Finally, took two longer-term positions, one on GBP/JPY since the pair seems to be in acorrection, setting the profit target at a Fibonacci level and one on USD/JPY.

Applying a similar logic on the trade, since after the drop today to almost 101.58
the pair looks like it has some more room to go down to 101.10.
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geula4x avatar
2013年12月31日

+1 Liked: Nice trade based on the fundamental ECB news! Happy trading in 2014! :-)

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