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unlucky, looks like its turning back down now, I only escaped by 4 pips myself:whistling

Good Luck.

will be buying eur/usd at trendline. 25 pip sl.
 

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I'm going to try another eurusd short position trade. The daily chart shows the channel from mid October, the longer term trend is still down, and the euro fundamentals still aren't positive.

The following pending order is placed:
Sell LIMIT @ 1.2890
Stop 1.2970
Target 1.2630
small stakes

Peter

Order cancelled. Didn't get filled. Sucks to be me since it dropped over 100 pips (n)

Peter
 

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bought eur/usd 1.2773 28 pip sl

bought at upper tl but lower one would have been ok. US data out 1330 and I have to go out. May aim for risk:reward of 1:2.
 

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5m chart. Stop loss area is highlighted. 1st Target will be around 1.2640.
 

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S&P rating agency on a downgrade tear across europe.

Peter

France to be downgraded Germany to keep its AAA rating,

If we get some downward follow through on monday i'll make a nice little return on my 2 shorts.
 
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