- Initial short at average 1.3638.
- Sell stop-in below 1.3489 to increase short position further.
- Addendum (11:45 16Nov11) : Below 1.3183 makes it a SHS top on the weekly chart.
15 November 2011
EUR/USD : Sell Stop-in < 1.3489
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5 comments:
+1.3547
+1.3550. Squared now.
More fills :=
-1.3528
+1.3505 SQ again
Finally -1.3477 stopped-in
Net short again for the real thing.
Hey TS, just curious to know why you squared your earlier shorts. Doesn't seem in line with your philosophy of trading long term charts. Was there an exit signal on the charts?
Pandu
As I indicated in an earlier post, big picture = sideways in a big range. I really should not be touching this at all.
It was always my intention to square up ahead of the break of 1.3489. But missed taking back my shorts in the low 1.3500s and ended up chasing it to 1.3550 instead.
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