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EUR / USD :: 03.27.07 :: 16:20
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Location: Blogs Zen Forexification |
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| Posted by: GoldIvX |
Monday, March 26, 2007 6:23:33 PM |
EUR / USD
+ 14 pips
Enter: 17:15 on 03.26.07
Exit: 08:10 on 03.27.07
Went long the pair at 1.3332 with a 3 pip spread putting me at 1.3335 for profit.
Was looking for some movement in the Asian session that just didn't happen. The price moved in a norrow channel with a slight downward momentum. Price reached a low of 1.3321 several times.
I had my stop at 1.3315.
Finally, got some upward movement in the London session. Wasn't much but it got me in profit. I should've waited till the US news to get that 10:00 jump but was just too tired.
Not many fundamentals for the 28th. UK will be giving their "Q4 GDP" at 04:30. And the US will be giving "February Durable Goods Orders" at 08:30.
Currently the pair has fizzled around 1.3350.
Fundamentals are still firm on the Euro and waning on the Dollar. Charts still show we are in an upward trend.
We could see some good movement on 03.29 as there are 5 US fundamentals coming out. So look for that at 08:30 on Thursday.
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