March 6, 2015 Newbie Trade EUR/AUD


In the early opening Asia session i attempt to short since due to the trending down of the EUR/USD from a very long time. However, i just read a new that ECB had confirmed that the bond-buying programme to start on Monday March 9. We still don’t know what is the effect of the currency. In the Overnight Trade with US, the Euro hit the fresh low 1.0987. The Council also updated the economic growth in the region that will grow year by year.

I will change to BUY since this is a fresh low in my trade.

Planned Stop Lost: 1.0987
Planned Target Price: Open
RR: 1:2