Sunday, June 28, 2009

Where to, EurYen?


Alright, this pair has now broken the short-term trend line and is now heading down. The area marked in the chart is my tentative take-profit area.


There is nothing else to do, except to simply wait and let the market does its thing. But I will watch and see how the next couple of bars unfold before I decide to trail my stop.


In the meantime, I'll head back to my cave and (surprise, surprise!) WAIT for other trading opportunities to pass by. Trading is indeed BORING!

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