For those part of the email list, you already are aware, I did not enter the Aussie trade. If you are interested in receiving email updates send an email to actsofforex@gmail.com and ask to be part of the email. If not watch for further updates.
Wednesday, March 01, 2006
Eur/Aud breakout
The Eur/Aud broke down below support and confirmed a test of the triangle formed over the past month. I am expecting the full run down to 100% retracement on the fibonaccis and the bottom of the channel. A stop near the 38.2 fibonacci line would give a nice risk to reward of nearly 3.5 to 1. CCI is confirming the trend, entering into the lower reversal zone and the oscillator trending itself.
For those part of the email list, you already are aware, I did not enter the Aussie trade. If you are interested in receiving email updates send an email to actsofforex@gmail.com and ask to be part of the email. If not watch for further updates.
For those part of the email list, you already are aware, I did not enter the Aussie trade. If you are interested in receiving email updates send an email to actsofforex@gmail.com and ask to be part of the email. If not watch for further updates.
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