Monday, August 17, 2009

Tales from Down Under


The EUR.AUD trade that I'm currently in has been the most interesting so far. It started from 4hr chart, then zoomed down to 1 hr for better entry (since I also found a setup there).


Now it is starting to form an interesting set-up on the Daily timeframe. So, I have now decided to be a bit ambitious and let my trade go down to the 1.7000 area before thinking of taking profit there.


And yes, I've already moved my stop to Break-Even to make this a risk-free trade.


Let's see how far she wants to go!

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