Euro Risk On

29. Jan. 2013

Looking at the S&P Elliott Wave Pattern Structure First and Then Looking at the Risk Currency with the Best correlation and the strongest percentage gains against the dollar made the euro a good call In my opinion.Since the S&P runs inverse to the dollar and runs with Risk Currencies, I went long the Euro from 1.3450 with my stop loss at 1.3354 and will take profits at 1.367 on one unit and were Red C = 100% of Red C and I will take the other unit off the table at 1.39 just under other Fib levels of different degrees. Please tell me what you guys think.