Wednesday, July 28, 2010

Entered trade - EURUSD

I entered a trade today and this time i'm following the trend!

so my reasoning:
Euro still looks bullish
EMA 5 crossed over EMA 10
MACD and stochastics bullish
crossed above the pivot point of 1.2997

entered at 1.3011
stoploss 1.2950 - yesterday low
take profit at 1.3040 - just below yesterday high

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