Hello traders,
According to the weekly chart
we are in a good channel down. Friday was NFP and it seemed that USD will start a good appreciation with a large spike nearly 200 pips. On Monday Euro not only regained all losses but also showed that it could continue the formed Daily channel up
The pair made more than approximately 300 pip from the lowest price on Friday of 1.105 reaching 1.1344. There were some political reasons for that but I will not comment them here. The situation is that today - Tuesday everything again is upside down and EURO is suffering falling to 1.222 and of course I have hit the Margin_Cut and lost all chances for trader contest because of this series of bad decisions. The fluctuations are extremely big.
I hope that the traders to whom I have signed will be more profitable than me
Good luck all
According to the weekly chart
we are in a good channel down. Friday was NFP and it seemed that USD will start a good appreciation with a large spike nearly 200 pips. On Monday Euro not only regained all losses but also showed that it could continue the formed Daily channel up
The pair made more than approximately 300 pip from the lowest price on Friday of 1.105 reaching 1.1344. There were some political reasons for that but I will not comment them here. The situation is that today - Tuesday everything again is upside down and EURO is suffering falling to 1.222 and of course I have hit the Margin_Cut and lost all chances for trader contest because of this series of bad decisions. The fluctuations are extremely big.
I hope that the traders to whom I have signed will be more profitable than me
Good luck all
