toyogo00
01-05-2009, 10:17 AM
Hi,
Setup: EURUSD will turn bearish on the breakout @1.3800 area.
http://www.dailyforexcharts.com/charts/090104_EURUSD_7m/090104_EURUSD_7m.html
At 7:45am GMT, EURUSD @1.3923, daily trsi is down, 4 hourly is flat. The Sk resistance is @1.3950.
At 8:15am GMT, EURUSD breaks the support trendline on 15min with a good thrust (very shallow retracement), enter short @1.3850, SL @1.3910, Profit @1.3700 (Fib Exp FE100).
At 10:00am GMT, exit EURUSD at trsi cross up on 15min @1.3690 with +160pips profit! Good start for the year 2009!
Regards,
Toyogo
Setup: EURUSD will turn bearish on the breakout @1.3800 area.
http://www.dailyforexcharts.com/charts/090104_EURUSD_7m/090104_EURUSD_7m.html
At 7:45am GMT, EURUSD @1.3923, daily trsi is down, 4 hourly is flat. The Sk resistance is @1.3950.
At 8:15am GMT, EURUSD breaks the support trendline on 15min with a good thrust (very shallow retracement), enter short @1.3850, SL @1.3910, Profit @1.3700 (Fib Exp FE100).
At 10:00am GMT, exit EURUSD at trsi cross up on 15min @1.3690 with +160pips profit! Good start for the year 2009!
Regards,
Toyogo