5. Long Forex Trade
Posted by admin | Posted in Long Forex Trades | Posted on 17-03-2009
Tags: "long forex", fibonacci retracement, forex
On H4 (4 hours) draft we see there is Fibo available. We have been seeking for short Fibonacci retracement and if it happens we will additionally set re-buy on long.
So we have been seeking for entrance to go short.
Stay tuned, this entrance will occur any time soon.
TRADE:
Go short at 1.2990
Target: 1.2839
Exit stop lost: 1.3200
LOST: 210
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Ohh man, EURO/USD got into sky and we lost over 200 pips, damn it was because of bad news for US