Pay attention to green zone(Educational)
Updated
For the followers who follow my previous short trade around D point, please pay attention to the green zone if you are a short or middle term trader. For long term trade who hold positions more than half a year can ignore this idea.
In the green zone, the EURUSD may have a good support. If you short previously, you can take some profits here first. There might also be some long signal during this zone for short term trader. I will publish in other idea if I have time to do it.
In the green zone, the EURUSD may have a good support. If you short previously, you can take some profits here first. There might also be some long signal during this zone for short term trader. I will publish in other idea if I have time to do it.
Note
Really bounce from 1.10900 which is just touch the green zone. Today highest is 1.11858.If you trade long based on this educational idea, you have earned around 100 pips/.
Note
The price as what I predicted, really hit the yellow zone bottom level and drops again.Note
As we predicted, the green zone really supports well currently~! For short term traders who short the EURUSD, I have reminded all of you to take most profit around green zone. For those who see my buy idea from green zone short-term traders, you must have earned around 260 pips. Protect the profit.Note
Seems today does not show much action on the market and I believe the big move will be after Yellen's speech early tmr morning. We check this idea after that.Note
Now is 1.13800. From 1.109 to current price, 290 pips.
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