Tuesday, 19 April 2011

Tuesday Morning EUR/USD Chart

There wasn't much movement in the EUR/USD over night, but we are looking at a possible move down towards  1.4214 and a further break of this gives way to yesterdays previous low of 1.4162. However a move higher would set us up for another short @ 1.4282.



Trades are:

Sell @ 1.4282 SP 1.4292 TP 1.4244 VALID = -10PIPS Touched the SP by 0.1 PIPS - Annoying!

PROFIT = -10PIPS * $10 = -$100

Sell @ 1.4236 SP 1.4246 TP 1.4214 INVALID

Sell @ 1.4210 SP 1.4220 TP 1.4162 INVALID

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