Tuesday 21 February 2012

Daily Trading Review (21 Feb 2012)

EUR/USD Hourly

I've been watching and waiting for price to go near daily high (resistance) and see how price react at that area.. Zoom out to 15 min chart...

EUR/USD 15 min


There's a divergence on the 15 min chart..  Then it break the trendline buy at open 1.3256, Stop loss at 1.3279 (-23 pips risk level).. Closed position at 1.3210 (near the hourly trendline) for a 46 pips profit..


This is my GBP/USD trade

GBP/USD Hourly

Been watching this pair too coz there's a divergence, 1st attempt (break trendline) got stop out for -10 pips loss then the second one get 40 pips profit (break trendline again)..

Now price is moving up, rarely happen at this hour, hmm?? there must be some news...

Euro zone reaches deal on second greece bailout package, oouw that's why.. I tot they're trying to push greece away from Euro??

oh well.. until next opportunity

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