Thursday, January 17, 2013

EUR / USD Update: 17.01.13 18:17hrs

EUR / USD:

Price was unable to pull back enough to offer a good risk reward.

As you can see the stochastic did not even get to oversold before price made its move back up.

The low was 1.3333 my order was at 1.3320.

I have removed my orders.

Chart below:

 



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

Regards

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