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Wednesday, 28 November 2012

EUR/USD M30 Update + Trading Plan Idea

Rationale:
No impulsive progression to the upside, expecting deeper pull back in wave 4 now.
Long  form 1.2920: CLOSED ar +1.

Entry:
SHORT MARKET @ 1.2916
SL: Above todays high
TP: idealy 1.2877 (38% Fibo Ret)

Might work might not: any spike above todays high and I'm long again.

Seb

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