Friday, December 7, 2012

EURUSD Back In Channel

myfxvoyage.blogspot.com EURUSD Channel Trade
EURUSD Daily
EURUSD is back within the channel after a false breakout. It backed off right from previous highs of 16-Oct of 1.3139. 

I shorted at that point and booked my 2 short for +140 & 80pips, a total of +240 pips. Previous setup [here].



Currently I am flat on this pair and will be looking for any spikes towards channel's upper trendline as fresh short opportunities. 

 200EMA comes at aproxx mid of the channel and price may bounce from there.

at
Labels: , , ,

4 comments:

  1. indiafxDecember 7, 2012 at 11:27 AM

    very good setup.

    please give your email id or phone number.

    regards,
    r.sathishkumar,
    sathupay@gmail.com

    ReplyDelete
    Replies
    1. CaffeineDecember 7, 2012 at 1:35 PM

      Thanks for your comments. Say in comments and I will reply you back...thanks..

      Delete
  2. UnknownDecember 7, 2012 at 11:40 AM

    no don't give personal info :-)

    ReplyDelete
    Replies
    1. CaffeineDecember 7, 2012 at 1:38 PM

      Hi, thanks for the info. I never share my personal info. But I reply to comments promptly.. :)

      Delete

Subscribe to: Post Comments (Atom)

Related Post

loading..