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Current EUR Trading Plans

Discussion in 'Commercial Trade Journals' started by Mark Mc Donnell, Dec 13, 2010.

  1. Mark Mc Donnell

    Mark Mc Donnell Forex Early Warning Representative

    Joined:
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    Overall the EUR look strong on many pairs.

    EUR/JPY - set buy alarm at 112.05, new intermediate uptrend will form with room to move to as high as 115.
    EUR/USD – intermediate uptrend has formed, set buy alarm at 1.3430, make sure it crosses 1.3440 then watch the heatmap for a buy, room to move back to 1.3675 or possibly back to 1.4000
    EUR/GBP – intermediate uptrend forming with very good potential back to 0.8900, set buy alarm at 0.8460
    EUR/CAD – intermediate uptrend forming with very good potential back to possibly 1.4000, set buy alarm at 1.3535-45

    When the price alarms hit verify any buy entries with The Forex Heatmap ™
    and look for EUR strength or cross currency weakness or both.

    Good Trading
    Mark Mc Donnell
    Forexearlywarning.com
    Spot Forex Trading Plans Across 22 Currency Pairs
     

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    #1 Mark Mc Donnell, Dec 13, 2010
    Last edited: Dec 13, 2010

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