In reference to the last entry about the EUR/USD I recommended them observation of the market. More info <here>.
The appropriate moment to do the transaction was in today. Unfortunately, in the hours when I'm at work so I could share with you my thoughts. I was trade at 13:45 Warsaw time at a price of 1.3942 with Stop Loss at the 1.3975 level.
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| chart 1. EUR/USD, Daily, 2014-03-13 |
At the moment, profit is already close to 90 pips and probably managed to find the high in a downward trend for the EUR/USD. Now I lowered Stop Loss at 1.3920 level. Target at the moment I established in the region of 1.3000.
regards,
oscarjp
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