Wednesday 9 February 2011

Trade No 1 - EUR/USD

The market has been very slow since the start of the year with many existing trends slowing or changing. I feel the Euro has now turned up and am starting to look to buy.

This is the first trade I have entered since the trend turned up.

I am long EUR/USD @ 1.3600 (100 pip stop) after price rejected the 1.3500 area.


Edit: 10th February 2011 - Trade closed at breakeven.

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