10 Sep 07
I took a 60 pips gain last Friday, expecting a rebound, using the 1 hour chart, from the EMA200. I did not wait for 2030 news (US Non farm emplyment).
Currently I have only a open position - a short at 2.0025.
I have placed another short at 2.0273, expecting the price to punch through EMA55 and head towards EMA100 and EMA200, before a rebound. I am using a 1 hour chart.
Of course, it the opposite, a breakthrough norht is at 2.0330.
Symmary of position:
Short 2.0025 (paper loss)
Currently I have only a open position - a short at 2.0025.
I have placed another short at 2.0273, expecting the price to punch through EMA55 and head towards EMA100 and EMA200, before a rebound. I am using a 1 hour chart.
Of course, it the opposite, a breakthrough norht is at 2.0330.
Symmary of position:
Short 2.0025 (paper loss)
posted by Ernest Seng at 12:56 PM
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