Week ahead (2 – 8.6.2013) – EURUSD

With 1.30 reached and breached we are now in a bullish territory and as long as we are going to hold above 2950’s, I would not change this bias.  My last week post has proved to be correct reaching a new higher high. Of course we are not in the business of predicting but in the business of trading. Saying that, it is important to critically justify your bias and set exact parametrs which would change that bias in an instant. So set your if-then scenarious and get ready. Have a great risk-wise trading week.

lechiffre