The price target in the LONG trade taken on EURUSD in first week of June, 2013 has reached the striking distance! So, I am booking full profits and exiting the trade @1.38!
This was the biggest and most profitable trade till date. Patience and perseverance really paid off! Though EURUSD could move another 2-3% or may touch psychological level of 1.4, its better to book the profits and prepare to SHORT the pair at the optimum time for a sub 1-level (parity level) which would be my long term target in next few months.
Am I sounding too scary? Watch out for this space for more when I initiate the SHORT positions!
Now it’s your turn…..
Feel free to share your experience and thoughts in the comments area.
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