Wednesday, January 02, 2013

EUR / USD Update: 02.03.2013 12:41hrs

EUR / USD:

Price has pulled back to my entry levels.

My 1st order at 1.3240 has been triggered.

My 2nd Order at 1.3225 has NOT been triggered and I have removed the order.

I am long from 1.3240 with 0.5% exposure to the market.

Price has made a move to towards the first level of resistance at 1.3295

I have moved the stop loss to break even, eliminating the risk on the position.

Chart below:

 
I have updated my limit order to take a profit at 1.3465 (2.5%)
 
I will update again this evening
 
Have a good day
 
Regards
 
Mad Dog

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