Hello Traders,
Short week, very tight range and light volume...
Stand aside or range-trade...
My E-mail readers recived good signals yesterday,
I wrote that if Euro-Usd will break range 1,2825-40 we should see 25-30 pips move :), after better than expected Us data yesterday, Eur-Usd broken down this range and we tested near 1,2800 level, also i took small long Usd-Chf yesterday, near 1,2400 i had small stop-profit...
Only GBP looks strong this week after better than expected Gbp data, but still below 1,9020-40 level...
Today:
weaker number from CAD pushed this pair near 1,15 level
im also watching jpy - hawkish BOJ minutes, but still dominate carry trade...
Looking to counter-trade EUR-JPY...
Strategy : Try to sell near 151,50 with tight sl at 151,70-75...
Good Luck Good Trade
Piotr
p.s.
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