Thursday, December 13, 2012

EURUSD Short at 1.3045 & 1.3070 EURUSD Channel Short Trade
Tracking this setup from past few session and it materialized finally. Setup I posted yesterday [here].

Initially I went short EURUSD at 1.3045 and later on added to my short at 1.3075 on touch of the channel's trendline. 

Stop for both the positions remain above highs of 5-Dec.

I am looking for a move towards 1.2950 and will BE trades after it trades 1.3035.

It was a good bounce from horizontal area and 200EMA.

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