Possible Trades:
Buy @ 1.4383 SL 1.4370 TP 1.4412 INVALID
Sell @ 1.4377 SL 1.4382 TP 1.4352 INVALID
Sell @ 1.4321 SL 1.4335 TP 1.4300 VAILD = +21PIPS
PROFIT = 21PIPS * $10 = $210
Monday, 18 April 2011
Monday Morning EUR/USD Chart
Hopefully you made the previous trades and locked in 15PIPS profit. Now the EUR/USD is bounced, with major resistance @ 1.4300 and 1.4244. Currently @ 1.4346, a move above 1.4380 gives way to 1.4412, with a move below 1.4321 gives way to 1.4300.
Possible Trades:
Buy @ 1.4383 SL 1.4370 TP 1.4412 INVALID
Sell @ 1.4377 SL 1.4382 TP 1.4352 INVALID
Sell @ 1.4321 SL 1.4335 TP 1.4300 VAILD = +21PIPS
PROFIT = 21PIPS * $10 = $210
Possible Trades:
Buy @ 1.4383 SL 1.4370 TP 1.4412 INVALID
Sell @ 1.4377 SL 1.4382 TP 1.4352 INVALID
Sell @ 1.4321 SL 1.4335 TP 1.4300 VAILD = +21PIPS
PROFIT = 21PIPS * $10 = $210
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