Wednesday, September 14, 2011

Euro$

The market has been sold very strongly at the PP which is 1.3660. On the m15 the euro has charted at popgun bar chart pattern which indices a fast move is coming. Its unfortunately not that hot in predicting the direction of the move:)))
I think that the euro should be shorted as near to 1.3660 as you can get with a stop at the R1 pivot which is at 1.3770
I dont think I will trade it myself. There is very solid support at 1.3600. If you trade it maybe ease out of a bit there .
Good Luck
David

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