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View Full Version : EURUSD Trade on 18 Dec 2008


toyogo00
12-18-2008, 06:48 AM
Hi,


The price hit the pre-LN session high @1.4493 and retraced back to the SK level around 1.4337.

With HH, HL, enter long at 3:00am NY @1.4433 (miss the early entry of breakout @1.4380 or dip entry @1.4310) on 5min chart. SL @1.4390 (swing low) and P1 @1.4550 and P2 @1.4680.

At 4:35am, it shot above 1.4500 very fast, I adjusted the P1 to 1.4600.

At 4:40am, P1 target was it. I adjusted the P2 to 1.4750 (greed). It shot to 1.4719 and retraced very fast. I adjusted the P2 to SK level @1.4720.

At 4:55am the P2 was hit @1.4716.

P1 : 167pips; p2: 184pips