FINAL UPDATE ON LONG TRADE ON EURUSD

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!

EURUSD Technical Analysis and Trading Strategy

EURUSD Technical Analysis and Trading Strategy

EURUSD Technical Analysis and Trading Strategy

Now it’s your turn…..

Feel free to share your experience and thoughts in the comments area.

 

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