Live-Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

Following 2 consecutive losses at S1, trading was stopped to take a critical look at the market before placing the 3rd and final trade. Since the Market is now trending sideways around S1, this cannot be used as a point of entry into the market. The plan is to wait and observe the Market for possible formation of Market Support or Resistance.

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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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