Premier_FX

TRADING IS SIMPLE.. Just like my wife.

Long
FX:EURUSD   Euro / U.S. Dollar
I will probably get a head kick off her for this title, hopefully it knocks some sense into me because it sure cant knock anymore out haha.

So lets look at the chart, we have 2 levels marked out 1.170 and 1.198, these are strong levels as they have historically been used as good support and resistance if you get the chart up and zoom out then you will see (if you cant be bothered to do that there is no hope for you trading, i cant wipe your arse for you)

I am looking for bears to push price down to 1.170 before the bulls come in pushing price to and through 1.198 resistance as i thing we have got some considerable USD weakness coming into the markets very soon (i will upload my analysis on DXY shortly) Personally i wouldn't sell down to 1.170 level but rather wait and be patient to see if price does reach this level and then buy off 1.170, if you haven't got patience in trading you will get bent over a f@cked very hard with a pineapple (i know some of you will enjoy that) haha.

Anyway i hope you can use this analysis to make some money... i am just off out to buy a pineapple ;p

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