Showing posts with label Germany. Show all posts
Showing posts with label Germany. Show all posts

Thursday, July 28, 2011

Germany is showing resilience



The German Unemployment numbers were more than expected, yet there is a growth trend that continues.
Our Long in EUR/USD before the numbers is in 40-45 pips profit and thus it is a good time to put SL to BE. Since we are trading in Hourly Charts, it will be great to now walk away and track it every hour or two. I will trail stop loss till the trend bends.