Sell Eur/Usd

[Noor]

Originally Posted by forexmasters

Long Eur 1.2055 stop 1.2025 Target 1.2225

Hello forexmasters,

Move your stoploss to 1.1985... that is better,,, 1.2035<>1.2005 is the buy window,,

Goodluck,

[Noor]

Originally Posted by amberfm

Hi all ,,


Noor what is your current EUR/USD open positions

thanks

Hello amberfm,

I am waiting to see Iris point of view on current COT data, Euro/Usd technically is preparing for a North move,, staying aside is the best advise for now.

[boldrik2]

Hi,

Does any body signup @ iris website and what are the results and experience (on eur-usd or any other currency)?

[amberfm]

Originally Posted by Noor

Hello amberfm,

I am waiting to see Iris point of view on current COT data, Euro/Usd technically is preparing for a North move,, staying aside is the best advise for now.

Thank you Noor,,

1) I am new in to the market what do you mean by Iris and COT data.

2) why did the Industrial Production figure did not effect the price movement of the USD price, since i decided to be short EUR/USD because of the positive Industrial Production figure.

Once again thank you very much for your efforts to make things clear.

[Noor]

For COT data read this thread,,,

As I said before, the Market is technicaly preparing for a North move, staying above 1.2052 on a good Market data indicates that we are in a good buy zone in Euro/Usd...

I believe the current data has spoke about inflation which should add strength to 1.2083 level...

The best thing to do now is not to trade and let the Market move,

[boldrik2]

Hi

I am also new but I so your message so:

COT commitment of traders (Indicator-data)

Iris the member who started this thread

If you have time you should read this thread from the beginning (I really recommending, very god thread)

[boldrik2]

Hi Amberfim

I have also shorted but GBP and I think that if you look time when euro started to go down it is exactly when UK CPI were released so I think that the today south move on EUR was mainly intercurrence related.

[amberfm]

Hi all ,,


It seems that EUR/USD is at the bigining of up ward move, is it right ?

thanks