Good morning my good friends, Wow, I had the most blissful weekend with a wonderful family and above all, I learnt something nice from them. There is nothing as beautiful as spending time with great minds and great people .... I experienced that these past few days. It is a lovely experience to be back to my office after 7 months of staying out of my business: thanks to my lovely staff who took care of my business in all these period I wasnt around. Back to what I do best: To my teaming friends in the capital market; #EURUSD remain on the bearish trend. If you guys remember vividly; my last post a month ago, I told us I will only enter a bullish trade if EURUSD is able to break 1.3700 level. Ever since then, this currency maintained a bearish trend, heading southwards for new lows since since 4 weeks ago -- need I say that my take profit was strategically situated firstly at 1.3500 and finally at 1.3200. I would humbly say that I still maintain such view and hold tenaciously my bearish position for 1.3200 with the current technical disposition of this currency pair. While I hold this view, I wont forget to stay glued at the current news trend that determine traders reaction. Lets the outcome of the new talk between RUSSIA and Ukrain; and watch closely how traders will react to this. Remain at the top and be a master of your own game. Do have a blissful day ahead.
Posted on: Tue, 19 Aug 2014 07:37:09 +0000
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