Thursday, July 7, 2011

SIGNAL UPDATES: EUR/USD


CURRENT SITUATION

Our limit order to buy Euro has triggered and Euro hit another one week low at 1.4221. Stop Loss still not hit and price bounced off the low.

So, right now the end of wave i is at 1.4221. The Take Profits is still intact and we can hold the position until the Nonfarm Payroll data which is to be released tomorrow.


TRADING PLAN : Hold current position. You may close the position if you are satisfied with the current profits position. Place Stop Loss above your entry area if you wish to hold until Euro hit your Take Profits level.


*Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.


THESE SIGNALS/ ANALYSIS ARE PURE FROM OUR TEAM. PLEASE APPRECIATE OUR HARD WORK AND DON'T BE A COPYCAT.


To Our Success,

Elite Bisnes Team