5. Long Forex Trade
Posted by admin | Posted in Long Forex Trades | Posted on 17-03-2009
Tags: fibonacci retracement
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