11 July 2011

EUR/USD : Change of Plan = Stopped-in Short

  • Was mentally prepared last week to be selling USDX on downside break. Looks like scrap that plan now and done the opposite instead.
  • My EUR/USD sell stop-in just got triggered for the downside break of the triangle. Initiated short at 1.4155.
  • Pulling cable down with it, which is good. Sell stop-in below 1.5910 there to add to last week's new trade.

2 comments:

thaiminhle said...

I'll be more confident with dollar up when the USDX closes strongly above 76.5 on the daily (which would be a break out of its current triangle).

Taichiseal said...

Good luck mate