05 July 2012

EUR/USD : Added to Short @ 1.2411

  • ECB delivered as expected, putting downwards pressure on the EUR.
  • Long standing sell stop-in triggered @ 1.2411. My first trade in ages.
  • Short now in equal amounts 1.2580, 1.2558 and 1.2411.
  • See a lot of downside potential here so am going to keep trading size very small and be very clear about intention of retaining ability of sitting through extreme volatility.
  • Major SHS top price action in motion on weekly chart.

1 comment:

Taichiseal said...

Sell stop-in below 1.2288 next