Thursday, July 12, 2012

EURUSD Inside Bar (1hour) shows indecision at this level

Looking to Buy small to start with a tight stop. Ending wedge pattern making this more attractive. In at 1.2224.Stop below 1.2180 It should be noted that the reason why we look to trade in small to start is that we are counter trending in all timeframes


Posted by FXLTR at 9:27 AM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
Forex trading on margin carries a high level of risk which can result in substantial losses in excess of your initial investment. Forex trading is not suitable for all investors so consider your objectives, financial condition & level of experience carefully & seek advice from a financial advisor if in any doubt.