Friday, February 18, 2011

Euro Short trade - triggered!

BINGO!!!

looks like my 1 hour moving average cross happened.
I sold EUR/USD at 1.3570.

I'm going to place a stoploss order at 1.3638 which is 10 pips above the 23.6% fib level.

I'm going to target 1.3467.

I will move my stoploss to break-even when spot hits 1.3520 which is 50 pips from my entering position.















The link to the trade strategy is here: trade strategy

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