Wednesday, June 24, 2009

EURUSD Long Stopped out


The second entry got stopped out. There was absolutely no real support there. I have to take my entries consistently and that was one of them.

The obvious descending triangle won here. I often take the contrarian trade in these situations as I did here.

I will post anything else I take this afternoon. I think it will be interesting for everybody to see how I manage the rest of the day.

I will likely not be taking any more trades until after the FOMC announcement.

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