Monday, September 2, 2013

Shorted EUR/USD at 1.3196

Stop loss at 1.3236. First target at 1.3018 valid for 3 days. On the 29th of August the EUR lost ground against the USD and broke the uptrend. The next 2 days, there were signs of bullish reversals. But it turned out they were quite weak. Hence on the third day, I decide to go short.

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