Thursday, July 26, 2012

USD / SGD Update: Thursday 26th July 2012 08:00hrs

USD / SGD

Price made a new low and the stop was moved to break even to remove the risk on this position

During a slow, low volume Asian session, price has retraced to the entry level and I have been stopped out at break even by 2.3pips. The Spread is 5 on this pair

Price has now made a lower low and the down trend is continuing, without me. (BUGGER)

Chart below:

 



I will update again when the next strategy trade has been identified.

Have a good day

Regards



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