05 February 2013

EUR/USD : Start Afresh

  • Have cleared the decks, cut longs at 1.3577 and 1.3490.
  • Weekly : Inverse SHS still good. There is also a previous chart high at 1.3485 which was penetrated briefly today but held. Long is good.
  • Daily : Today's spike low at 1.3457 should be a good reference point.
  • Trade : Rebuilding long with a clear mind. Started small at 1.3518. Keep in mind 1.3485 and 1.3457 for stops.

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