Friday, 5 August 2011

Missed EUR/USD trade (Week 1-5 aug)

EUR/USD Hourly

I missed this trade, but let's just analyze this one..

Made a lower high then create a fractal below and near the alligator line, AO also near zero..
Then it break the down fractal, sell at 1.4206

Looking at the volatility, I'd probably got stopped out at 1.4175 (bullish divergent bar) + 31 pips or the green line at 1.4129, + 77 pips

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