{"id":2563,"date":"2009-06-19T09:43:56","date_gmt":"2009-06-19T14:43:56","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=2563"},"modified":"2009-06-19T09:43:56","modified_gmt":"2009-06-19T14:43:56","slug":"short-term-trade-idea-long-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/06\/19\/short-term-trade-idea-long-eurusd\/","title":{"rendered":"Short Term Trade Idea &#8211; Long EUR\/USD"},"content":{"rendered":"<p>In the below image, we put a EUR\/USD 30 minute chart overlaid with our standard Bollinger Bands (&#8220;BB&#8221;).<\/p>\n<p>We see higher lows for the last 16 hours and a fairly tight channel moving higher. The risk\/reward scenario seems to be pointing towards the 1.4000 level last seen yesterday.<\/p>\n<p>We suggest a Buy Limit order just below market (current bid 1.3924) at 1.3915. Our Stop Loss level order is our first support level of 1.3875 and our Target Level with this trade is 1.4000.<\/p>\n<p>We are willing to lose 40 pips to gain 85.<\/p>\n<p>Stay Nimble!<\/p>\n<p>Stephen Leahy<br \/>\nBack Bay FX Services, LLC<br \/>\n<a href=\"http:\/\/www.backbayfx.com\">www.backbayfx.com<\/a><\/p>\n<p>thanks to FX Solutions for the below image.<br \/>\n<img decoding=\"async\" style=\"border: medium none;\" src=\"http:\/\/www.backbayfx.com\/news\/images\/EURUSD%2030%20mins%20chart%20June%2019.JPG\" alt=\"\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the below image, we put a EUR\/USD 30 minute chart overlaid with our standard Bollinger Bands (&#8220;BB&#8221;). We see higher lows for the last 16 hours and a fairly tight channel moving higher. The risk\/reward scenario seems to be pointing towards the 1.4000 level last seen yesterday. We suggest a Buy Limit order just &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2009\/06\/19\/short-term-trade-idea-long-eurusd\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Short Term Trade Idea &#8211; Long EUR\/USD&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-2563","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/2563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=2563"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/2563\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=2563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=2563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=2563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}