The Euro dollar would seem to have made a falling wedge which is should break upwards. This is the end of w5 of w5 of 1 of C. Quite a mouthful I know.For this reason I am buying the Euro$ at market 1.3937 with a 120 point stop on a 1/3 position size. I am risking 40 full points with the stop placed at 1.3817. Lets throw the dice.
Good trading.
Hi David ,
ReplyDeleteWhat Time frame chart is this taken on ?
what software do you use and where do you get you datafeed from ?
Regards
Malcolm