Wednesday, August 31, 2011

Live Trade Shorting Euro

I have been watching this trendline (yellow) in the Euro today.  My bet is that this is a bear flag and my targets are the green lines.  They represent R1 and R2.

Today was a break-even day.  I am going to concentrate on a bit longer timeframes for my setups....namely the 15 minute charts to slow things down a bit.

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