Trade Idea
Wednesday, January 28, 2009
According to 30M time frame, EUR/USD is making their way down around 1900 +2GMT. So, I short the pair at 1.3185 while Stochastic oscillator at 1M time frame is clearly showing an overbought market. My plan is to take profits at 1.3083 which is the pivot level. A strict stop lost was placed at 1.3216 for this trade. Then, I go to sleep, and will surely check the result when I wake up tomorrow morning. I'm ready for both positive and negative outcome.
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