Eurusd update - 14 Oct 2011 Fri

Good morning everyone,

Everytime when market consolidates, it is always very difficult to trade as a trend trader.
My long position was triggered.
Right now, eurusd is trading in range, 1.3685 - 1.3830 and yesterday's candle shows a reversal.

I will take this top 1.3830 as my current resistance level and pick short if eurusd fails to break it. SL at your discrepencies. I believe we will have to hold our position over weekend and target will be back to 1.3400.
Posted by Aaron Chan at 19:03

2 comments:

  1. PooM Promaster15 October 2011 at 21:46

    http://pheonixpoom.blogspot.com/2011/10/gu-entry-long-1.html

    Hi.. This my first Blog

    ReplyDelete
  2. Aaron Chan16 October 2011 at 16:38

    Brother nice one!
    I join you.

    ReplyDelete

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