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intlmarkets · 03-06-2005, 07:37

EURSUD was a buy at 1.2242 Stop 1.2182 Target 1.2402, I could not buy it when it went there but will buy it, if it goes there again. its according to our plan posted on this thread. I was scared when I saw it coming down fast, but the rules of the Fibonacci trading system I have outlined, would tell me to buy as the prevailing short trend is still up. to break the trend we should get a 100 pips minimum move to the downside from the highest point.

03-06-2005, 07:37	#27 (permalink)
intlmarkets level 3 Join Date: Nov 2004 Posts: 125 Rep Power: 0	Re: Short Term Fibonacci Trades on GBPUSD EURSUD was a buy at 1.2242 Stop 1.2182 Target 1.2402, I could not buy it when it went there but will buy it, if it goes there again. its according to our plan posted on this thread. I was scared when I saw it coming down fast, but the rules of the Fibonacci trading system I have outlined, would tell me to buy as the prevailing short trend is still up. to break the trend we should get a 100 pips minimum move to the downside from the highest point. Last edited by intlmarkets; 03-06-2005 at 07:40.