Wednesday, September 2, 2009

Long EURUSD at 1.4189 with stop at 1.4170, just below the 61.8% Fib level on H4. First profit target of 1.4220 hit with +31 pips profit, shift the remaining stop loss to 1.4190. Price must close above 1.4226, 50% Fib on H4 for potential further upside to 1.4250.
Based on the bearish price action, will be looking for shorting opportunity when price retraces.


- http://eurusdtrader.blogspot.com -
Trade what you see, Not what you think

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