Monday, 18 April 2011

Monday Evening EUR/USD Chart

It retraced nicely to kiss the 38.20% Fibbonacci level @ 1.4231, securing another 15PIPS in the bag!



Now we are looking for the retracement to continue, setting us up for another short @ 1.4276, the 61.80% Fibbonacci level AND if it gets there @ 1.4315

Sell @ 1.4276 SL 1.4286 TP 1.4254 INVALID

Sell @ 1.4315 SL 1.4330 TP 1.4277 INVALID


The price never touched our order, hence no trades were placed. I'm off to bed - see you tomorrow!

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