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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

    Jan 20, 2010
    Likes Received:
    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
    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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