02/27/09 1:27 am - EURUSD: Long entry stopped out and reset

My original long entry was stopped out at 1.2635, but I re-entered at 1.2642 on the first sign of a bounce. Even though key Fibo support is slightly broken, the last move down makes the charts look quite complete and poised for an upmove. I set my stop for the new long at 1.2590, target 1.3240.

1 Comment »

  1. David Said,

    February 27, 2009 @ 3:36 pm

    i am also long 1.2630 – took half position out at 1.2700 and now have stops at 1.2585 for other half.

    good luck with the trades…

Leave a Comment