Wednesday, January 09, 2013

EUR / USD Update: 09/01/13 04:44hrs

EUR / USD:

Price has retraced to the area I had identified.

My first order has been triggered, however my second order was miss by the spread.

I am short from 1.3085 with 0.5% exposure.

I have moved the stop loss to break even removing the risk on this position.

Chart below:


I have updated my target to 1.2910.

I will post again later today with an update on this position.

I will also post when the next strategy trade has been identified.

Regards

Mad Dog

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