Monday, April 4, 2011

Lost 20 pips trying to short eur

OK, tried shorting it at 1.3218/19....

But it did not workout.  Looks like got to wait for a clear direction.  May be a buy or a sell, not so clear at this moment in time.  PA is uncertain.  If it breaks in either direction, shall enter on a retrace or wait if no retrace for next level i.e. maybe till tomorrow...or may be end of london today....

Hope for the best...


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