Monday 30 August 2010

EUR/USD Week 5

1st Trade
Aggressive entry, chances still 50:50, hopefully my wave count is correct... C'mon give me wave 5:C.... :)


First target would be the up trend line, if it breaks, add more position...









Close my 1st Trade 

Sell at 1.2732, close at 1.2692 around 19:00-20:00, a total profit of 40 pips...

Reason: 50 percent fibonacci retracement






1st Trade Update (no position)

Trend is your friend indeed....

Wave 5:C???










  

1st Trade 2nd Update (no position) 



<---- Time for a new wave count

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