Monday 18 June 2012

EUR/GBP - Short

I added in a ema9 just so  that I can receive earlier signal.  And looking at all the charts, decided that today's focus will be on E/G pair . Short.  Three tops have been noted and  prices fall below the river envelop, and standing  on the 34ema.  Prices on the daily chart shows a bearish engulfing candle. Shorted the pair with risk of $16/- 2K order today. TP is set at median pitchfork level.

My demo trading has yield some good results and am hoping that I can use this precision trading in real life.