Wednesday, April 16, 2008

Triple Top Violated...

The Euro broke higher overnight and is currently trading at 1.5960. I have been stopped out of my Euro position.

As the old saying goes....

The Trend is your Friend.....

Obviously shorting the Euro is not !!!

Good Luck and Good Forex Trading.



Blogger The Hidden Element said...

You've an interesting blog (with your background as a FX trader).

I'm trading EURUSD spot, very technically that is. I do believe, there is a high probability that EUR may be coming down a bit, soon! Let's see if it does, I will be shorting or buying USD. Price action is important to me, not to mention those confusing lines I have :o)

Keep up the good blog on "trades".

10:00 PM  

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