This week EURUSD Opened at 1.1847, reached High at 1.1870, touched Low at 1.1458 and Closed at 1.1537.
With three consecutive red days registered with just one green bar on Jan 14 Euro had another big red week. There is 310 pips different between open and close and 412 pips between high and low.
There was no rollercoaster movement as steady fall all over the week. However there was a sudden dip on Thursday (January 15th) at 9:30 to 9:35 GMT. It was a whooping 200 pips. The drop was expected to continue as there was no evident support level. However Euro started to recover steadily. As US Dollar failed to strengthen further Euro gained in next 30 minutes. Down from 1.1752 to 1.1567 in 5 minutes and gained back to 1.1752 in 26 minutes later.
Otherwise it was steady downtrend with this pair. Not only this week, for past many days, weeks, months EURUSD printed a lot of red bars. Those who follow the trend tend to be a winner this week.
Here is my trades with this pair.
Long Positions: 3
Net Gain/Loss = 1230 PIPs for EURUSD.
Would like to know your states in comments if don't mind to share.
With three consecutive red days registered with just one green bar on Jan 14 Euro had another big red week. There is 310 pips different between open and close and 412 pips between high and low.
There was no rollercoaster movement as steady fall all over the week. However there was a sudden dip on Thursday (January 15th) at 9:30 to 9:35 GMT. It was a whooping 200 pips. The drop was expected to continue as there was no evident support level. However Euro started to recover steadily. As US Dollar failed to strengthen further Euro gained in next 30 minutes. Down from 1.1752 to 1.1567 in 5 minutes and gained back to 1.1752 in 26 minutes later.
Otherwise it was steady downtrend with this pair. Not only this week, for past many days, weeks, months EURUSD printed a lot of red bars. Those who follow the trend tend to be a winner this week.
Here is my trades with this pair.
Long Positions: 3
| Lot | Profit/Loss | Lot X Pips |
| 3 | 48 | 144 |
| 3 | -18 | -54 |
| 2 | 165 | 330 |
| Net PIP Gain or Loss | 420 | |
Short Positions: 7
| Lot | Profit/Loss | Lot X Pips |
| 5 | 58 | 290 |
| 5 | 67 | 335 |
| 5 | 37 | 185 |
| 5 | 160 | 800 |
| 5 | 125 | 625 |
| 5 | 132 | 660 |
| 5 | -12 | -60 |
| Net PIP Gain or Loss | 810 | |
Net Gain/Loss = 1230 PIPs for EURUSD.
Would like to know your states in comments if don't mind to share.
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