Forex Day Trading - EUR/USD


This is the 2Day 5Min Chart for EUR/USD
The market is currently trending sideways following a huge move in the market on friday.
A pending SELL order has been placed just below the 1st Support at 11874.
A pending BUY order can either be placed just above the High of the sideways trend at 11968 (aggresive traders) or just above the Pivot point at 12048 (cautious traders).

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Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD The pending BUY order just above R1 at 14017 was taken at 9.20am with a Stop loss of 20points and Profit limit of 60points in place. The Stop loss has now been moved to 14012, just below the most recent low point in the market.
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