Mar 9, 2017 – (Chart of the Day) Pre-ECB EURUSD, EURGBP, EURCAD

Mr Price Action/ March 9, 2017/ Chart Of The Day/ 0 comments

Hi,

It’s again a “Super Mario” day as ECB will decide about Minimum Bid Rate. We can try to guess if he is going to be more dovish or less hawkish. The most important thing for you as a Trader, is that you CAN’T put yourself into position that opposite  move ( to your guess ) will froze you for good. You have to have posibilty to react. think about that.

 

EURUSD daily chart

I used that chart few days ago on Twitter, do your homework 😉

 

EURGBP daily and 30 min charts

if the current move is real you dont want to see it moves below certain levels ( if you think it’s stop run opposite is true):

 

EURCAD daily and 30 min charts

…similar as EURGBP above:

 

Please let us know should you have any additional questions or you would like to discuss other crosses as well. We are here to help you, just contact us at: landoftradingATgmailDOTcom.

 

Happy Trading

 

Mr Price Action

 

 

 

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. 

Contact: landoftradingATgmailDOTcom, Blog: landoftrading.blogspot.com

 

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