Wednesday, January 8, 2014

New Trade Position | EURUSA Daily Chart

Good Evening, Fans!

In Regards to analyzing this daily chart of the EURUSA currency pair,  and also implementing key technical and fundamental analysis in my decision making, in my opinion I do not have a strong conviction in anticipating the EURUSA increasing or decreasing within the week. This market looks too efficient (...priced right per market conditions), however I decided to set a pending order at 1.34770 because my analysis is leaning more on this currency pair being slightly over sold.

My pending potential trade is 1.34770 taking profit at 1.35330.

Thanks for Reading
& Happy Trading


- Mr. Brilliantier

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