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Thread: King of the Micro - Hot Trader Spotlight

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#183 (permalink)

06-25-2009, 11:58 AM

Terri Belkas Terri Belkas is offline

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Join Date: Jan 2007

Posts: 806

Hot Trade 06/25/09

One of the top 5 trades has a variety of open positions, and the ones that always catch my eye are longstanding trades. Of these was a long EUR/USD trade that was executed after the pair broke above the 200 SMA. EUR/USD has now been consolidating for almost a full month, so I'm curious to hear what your thoughts are on the pair.

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Terri Belkas is the author of Daily Fundamentals, Global Central Bank Comments, and Forex Trading Weekly Forecast on DailyFX.com.

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