Monday 28 February 2011

Trade No 8 - EUR/CAD

Got back in long again after test of ascending trendline, test of broken descending trendline and support around 1.3425.

I am long @ 1.3470 (80 pip stop).

Would have gone long off the hammer on the H4 charts but I was asleep then!

  

I therefore decided to drop down to the H1 charts to look for an entry and decided to buy at the close of this mornings (London session) opening candle:


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