Monday, May 17, 2010

EURAUD

On all the higher time frames while the trend is clearly down this pair has so much upside potential if you can get an entry and hang on to it.
4hr chart:
Daily chart:
Posted by at

5 comments:

  1. SCM TradingMay 18, 2010 at 2:27 PM

    hey Nic, see Nicole Elliot over at Mizuho London - http://www.mizuho-cb.co.uk/TresInternet/TECHNICALS/FX_-_Majors.htm

    ReplyDelete
  2. bobMay 18, 2010 at 8:41 PM

    It really wants to fill that gap at 1.4084 on the 1h.

    ReplyDelete
  3. bobMay 19, 2010 at 3:29 AM

    Went after the open on sunday, got a quick jump and cut my position in half, should have stayed longer.

    Your post must have been about 2 hours after I sold.

    Thanks for the tip, holding to what I have left.

    ReplyDelete
  4. NicMay 19, 2010 at 3:31 AM

    I only have a half position too but it paid for my stop so I sleep better :)

    ReplyDelete
  5. bobMay 19, 2010 at 3:34 AM

    That was my thought at the time, I can't say it didn't work, just hate leaving money on the table.

    ReplyDelete

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