Tuesday, January 20, 2009

EUR/USD:-GBP/USD 15 min




Volatility is high, so money management is the most important thing now,

7 comments:

naftula said...

i expect the downside in the EUR/USD to excelerate!!!!

Ben said...

You're probably right, but i think there will be some rise before.

I took a long on eur-usd at 1,2905, aiming 80-100 pips. After that i might go short.

Ben said...

If i'm wrong, i'll hedge around 1,2870, and then decide which one close before...but i really don't see EUR breaking today's low...but well, anything can happen these days.

naftula said...

the EURO maybe a triangle formation on the 15 min chart!!!!!

Ben said...

And the triangle will break on the upside... Already seing 50 pips profit, moved stop to lock 30, but still aiming 80-100.

naftula said...

i have a new post.

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