- Consolidation on the daily chart (inset) looks like over and it's time to go all in short again.
- Price action is rolling over (now at 1.2194). Earlier on this evening, added on 1/3 short position at 1.2207.
- Below 1.2160 would be even better. Not too far away now. For a change, reckon that selling the break this time might work.
- Stop loss order moved down. If this manages to rally again, I want out quickly. A loss of downside momentum now would also be disappointing.
20 July 2012
EUR/USD : Timing is Ripe
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