Sunday, October 17, 2010

Going long Euro

I was hoping to see a stop run beneath Friday's lows for an opportunity to get long EuroUSD as I don't think anything has really changed. I am now long 4K Euro at 1.3924 with a stop at 1.3885. If we continue to sell off, we could easily see 1.3770 which would present a very good level to be long. Let's see how it goes ...

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