EUR/USD Short Simple MA strategy

13 Ara 2015

I posted a weekly chart because I see a lot of bullish charts for EUR/USD and i think it is just odd to see this bias. The Euro buying was in the crosses and then forced this pair up. But trade what you see and the PA on the weekly chart says clearly without a weekly close above 1.105 then the pair is bearish clearly. Ask yourself that if you were a major bank and you controlled millions would you risk 100 pips for a possible 400? IF that answer is yes then short this pair at 1.1020 I did.