Sell EUR/USD?

Published on Tuesday March 16th, 2010 at 07:10PM by erib

EUR/USD has been going up and down for sometime now while forming a cup pattern on the 4-hour chart above.

Looking at the 1-hour chart above, if it continues its up and down pattern, I think this is a perfect opportunity to sell this pair.Still, I will stay away from trading this pair for now, since my strategy does not involve this kind of set-up.What do you think?Happy pippin'.
  • 1 comment
  • Go to erib's profile

    On Wednesday March 17th, 2010 at 11:08PM by erib

    Spot on! Too bad I did not and cannot take this trade since it is not in my trading strategy.Oh well, opportunities never cease in FX market.

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