This mornings trade from our floors on the EURUSD


Good morning Traders. Sorry been a bit slack the last couple of days. Here is this mornings trade on the EURUSD. Noting the one hour chart (top right) there is a strong move by the bulls and then a week retracement to the 20 EMA. price on the five minute pushed down and the Bulls entered the market printing a large five minute Bull bar at 07:05 Price on the five then pushed up again and then gave us a two leg move back to the five minute 20 EMA the small ball bar on the 20 EMA gave me the entry to get long and price moved swiftly to my 10 pip target netting just over one percent. All good.

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