I suffered a small 22 pips loss in EURUSD on a long entry. The 15m chart showed a possible bullish reversal but the upmove failed at 1R gain and reversed to hit a new low. The price on the 1h chart is below the Keltner Channel so I will be cautious playing the long side. Below 1.4145 there is scope for a retest of the 1.4000 big level.
EUR/USD: long stopped out
This entry was posted on Wednesday, March 23rd, 2011 at 1:47 pm and tagged with EURUSD, keltnerbands, stoploss and posted in journal, trading note. You can follow any responses to this entry through the RSS 2.0 feed.
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