Site Meter The Lawyer Trader: Interesting Action in the Eur/Usd

Tuesday, October 16, 2012

Interesting Action in the Eur/Usd

I hope everyone is watching the Eur/Usd right now.  We're seeing a strong move higher and it looks like it's going to test the highs of September--roughly 1.3170.  I've got a long position and have been trading in and out of some short term rallies..break outs like these are when you've got to trade heavily in the currencies.



From here, I'll be looking for intra-day rallies to open additional longs (like the opening range break set up) and then I'll look for the Eur/Usd to take out the 1.3170 high from September.

TLT 

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