Friday 4 July 2014

Forex : 4th July 2014

EURUSD - I'm taking these as physicals rather than options because I don't like the spreads in the options trades.  One could go short right here, but I would prefer to leave an order to sell this pair at 1.3650 with a 60 pip stop and initial target of 180 pips





EURGBP - This has tracked nicely down.  I don't see any reason to lose money from this point so I would move the stop to break even or a pip into the money.







Disclaimer
I am not a financial adviser.  These are paper trades.  I am not suggesting you follow these signals.  If you take any action based on my blog you do so at your own risk.

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