Trade Forex EURGBP

As EUR strengthen against GBP, shorting it is key for winners.

eurgbp1207272330.gif

You may ask why short it? Since itz on the up trend why not long and just ride on the up trend.

Well, look at the day chart, with MacD and Stchastic indication; the risk of long is higher than short.

eurgbp1207272336.gif

As for GBPJPY still waiting for a good long position.

 Viewed 351 times by 139 viewers

No Comments

Leave a reply

You must be logged in to post a comment.