Wednesday, June 10, 2009

10 June 2009.

Yesterday trade:
Long triggered at breakout at 1.614, TP at 1.626, Profit 120pips

Today:
I rather trade conservatively, assuming that we are now riding a B-wave, meaning that it has short potential for long and will reverse for a big down.

To me, I will long at reversal or miss it. But if I am wrong, I will take a smaller loss.

Long at 1.618, TP 1.629, SL 1.598 (reversal)
Long at 1.641, TP 1.6575, SL 1.613 (Breakout)

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