Monday, September 12, 2011

Euro $

On the shorter term 5 and 15 minute charts the Euro$ is stuck in a sideways consolidation and has been bought at around the 1.36 level three times this afternoon.
As I repeatedly said last week "the best trades just go your way without fuss" This one is starting to fuss.
It looks as if is going to test the tops for weak hands once more.
Its a few minutes after 400GMT and I can get out of this trade for 20 points including the spread.
I am closing the trade at 45. A 20 point profit.

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