06 August 2014

EUR/USD : Weekly Turned

  • Took my eye off the ball, missed the initial break of 1.3515 in mid July while I was away. Really should have had a sell break GTC order in place. Unfortunately not.
  • Weekly chart : Trend change apparent. Want to be selling rallies (until 1.3515 is taken out again). Subsequent to initial break, had order in place at 1.3450 which was not filled.
  • Awaiting another short entry opportunity. Market almost always give you a 2nd chance. (The first pullback to 1.3444 wasn't it). Patience is key.

No comments: