Today's trading was a good way to start the week. Coming into the London session, we had negative divergence on the 15minute chart and it coincided with significant resistance at the 1.4656 level.
Entry was at 1.4641 around 7:45am and the first position was closed at 1.4612 around 9:45am. The second position was closed at 1.4619 around 3:00pm when strong reversal signs showed up on both the 15minute and 1hour charts.
Tuesday, October 6, 2009
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