I am going long to 101.41 with a stop at 100.50.
Updated
2016Sep21 I am going long to 101.41 with a stop at 100.50.
Pairs generally retrace to the 38.20 fib level after a strong move. Having said that, I will be careful to move my stop up for the US rate decision could send the pair down again.
The RSI is low.
Pairs generally retrace to the 38.20 fib level after a strong move. Having said that, I will be careful to move my stop up for the US rate decision could send the pair down again.
The RSI is low.
Comment
I have already zero'd out my stop.I was ahead by more than 10 pips and I am unsure how the pair will be affected by the EIA numbers.
Comment
I have been stopped out, but I have entered another long position with the same stop and target.In hindsight I should have simply waited until the EIA numbers had been released.
Comment
Again I have already zero'd out my stop.
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