Eur/usd monday 20

[Nabil]

Ey everyone, i just entered a long eur usd targeting possitive greek news


I wanted to know if any of you are taking this trading oportunity and how are you taking it, what do you pronosticate? Where do you think it will reach?

My initial TP is 1.3250 sl tight at 1.3120, last two weeks eur usd had an upside jump in the opening. possitive and negative information about Greece has been trading long in a very volatile way, even on asian open on sunday as seen this week(im guessing peopple are optimistic about greece staying in eu),
also eur usd is on a support at the moment and its prooving to be a very strong psychological and fisical resistance as the usd has had some good news and its still woundring around this level, resistance at 13180 was pushed to closing at 13190 For todays high

Im very bullish on it opening a 4% risk trade @ 1.3155 before market close, SL at 1.3120 and tp,for now,1.3250, i will move it forward up if i see it can reach previous highs or maybe continue the bulling long term trend to 1.35


Waiting for your opinions!

Good luck and happy week end

This is just based on my sight and nothing is even close to being for sure, dont take this as any type of advice,thanks

[timothyblack235]

Hi, Nabil

I had several thoughts about the trade you described but really there's only two things I want to say. One, 4% is quite a bit to risk on just one trade. And two, never listen to anyone else's opinion about your trades! That can really mess with your head.

Good luck.

[trader1224]

Just be caution...markets are close in the US on Monday 20th for presidents day. So liquidity after the initial London open
could be sluggish..

[Nabil]

Timothy- Thank you very much for the advices, 4% is because my balance is 1000 usd, so its not that huge of a deal as im still really learning, i just like knowing atleast 1 person thinks like me as its a market driven by people

Trader1224- i think the trade will either tp or sl at asia expecting the Greek deal

[Nabil]

Happy to read todays meeting was positive for greece, this pumps my trade up, still not sure where to tp tho, any advice?

[zwara]

you are hoping positive news? from Greece? there's nothing positive from that country not anymore... government is falling down no one trusts the president not anymore Greeks are yelling for help and FMI as shutdown - no more money forgiveness nether money loans ...

by opinion Greece is a bankrupt in progress.... i'm Portuguese (European) and i ear everyday how bad Greece is..... :S

But they can also grab some more time and delay the all process AGAIN for the 3rd time

[zwara]

Happy to read todays meeting was positive for greece, this pumps my trade up, still not sure where to tp tho, any advice?

where did you get that feed?

[Nabil]

Was saturdays meeting, now i wake. Up to hear Germans want germany to declare bankrupcy

Guess my trade is going for SL at 1.312

[zwara]

Was saturdays meeting, now i wake. Up to hear Germans want germany to declare bankrupcy

Guess my trade is going for SL at 1.312

where the hell do you get those feed of news?

[Nabil]

where the hell do you get those feed of news?

Twitter, #forex

Where do you see it?