07 May 2012

EUR/USD : If at 1st you don't succeed ...

  • Back below 1.30 on Greece and French elections.
  • Daily and weekly chart pattern pointing to huge downside so it is worth getting one chopped up several times trying to catch this move.
  • Short once again at 1.2988.
  • Stop on daily close above 1.3032. Daily gap at 1.3080/1.3065 is significant too so perhaps might be better stop above 1.3080.

1 comment:

Taichiseal said...

-3x 1.3088
-1x 1.2980
-1x 1.2893
-1x 1.2800

+2x 1.2730
+4x 1.2755

All square now.