Day Trading - EUR/USD



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

The market is currently trending sideways.

A pending Sell order has been placed just below the Pivot point at 13478.

Comments

  1. PrinceAdemola1 April 2010 at 10:23

    I turned on my laptop about 9.40am & saw the info on the blog. I have monitored the market (EUR/USD) behaviour for about 40 minutes. Seeing the long Red candlestick at 10.00am could be very tempting (have fallen into the temptation in time past), but your comments over the months: "trade cautiously, remember money management, etc." were just resonating in my head. I looked closely and saw that you would have lost the 20points on that trade @ 13478 but God will reward you for your open heartedness. Thanks for your guidance!

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