Wednesday 10 August 2011

EUR/USD trade (week 8 - 12 aug)

EUR/USD Hourly

Look at the overall trend, definitely sideway, i trade 15 min chart using this hourly chart as my map. Let's look at the 15 min chart..

EUR/USD 15 min

Saddle point

Break fractal 1, sell at 1.4328, out at 1.4332 (bdb), - 4 pips

Stop and reverse at 1.4332, buy one tick above bdb high (2)

Break fractal 3, add buy at 1.4363, and break fractal 4 add buy at 1.4387

it's near the resistance line, so i just close it all at 1.4390, + 58, + 27 and + 3 pips, total +88 pips

Then I turn off my pc, and missed out fractal 5 breakout, T_T, it's still goin down while im writing this, double top then it moves down and break fractal, ohh well until next opportunity...

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