- Broken out of my 82-84 range so cut my loss on this.
- Longer term chart still looks negative. But inability to trade lower in spite of Irish and Portuguese widening spreads of the past week makes me think that I will perhaps get a chance to re-sell this higher up.
- Frustrating because this was once in the money to the tune of over 200 pips. (Original in-rate 0.8368). Re-thinking if I need to have a rule about putting aside long term trend considerations and avoid letting positions in the money run into a loss.
- Whatever weekly triangle I was looking at earlier has now been broken on the topside.
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