Today's trading started off with an opportunity to go Long around 6:30am when price closed above the 1.4634 Resistance line. Entry was at 1.4640 but we had to exit both positions around 8:15am when a reversal pattern formed on the 15minute chart. Exit was at 1.4615 for a loss of 25pips.
There was a chance to Sell a little while later (8:45am) when price closed below the 1.4590 Support line. Entry was at 1.4582 and the first position was closed at 1.4547 around 11:45am. The second position was stopped-out at entry around 6:15pm.
Wednesday, September 30, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment