Here I will be blogging my intraday trades as and when I do them. I will provide Entry point, Target Price, Stop Loss and Exit points along with charts to validate my reasons for placing each trade. You can receive my trades direct to your email below - it's free to sign up!
Wednesday, 20 April 2011
Wednesday Morning EUR/USD Chart
It looks like the EUR/USD is going to retest the previous high of 1.4520, therefore it should provide a good resistance and setup for a short trade.
Sell @ 1.4520 SL 1.4530 TP 1.4510 VALID = -10PIPS
PROFIT = -10PIPS * $10 = -$100
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