Another break for Eur/Usd under 1.20 ?

[minot13010]

I have a short position at 1.2030 , Do you see another break below 1.20
Thanks

[Medran]

Originally Posted by minot13010

I have a short position at 1.2030 , Do you see another break below 1.20
Thanks

Congestion for sure around 1.20. I'm short and out at 1.1990 today but might revise this down a few more pips. Whether the price heads North or South after that isn't clear yet but should be in the next two days.

(written 08:00 GMT on 28th June 2005)

Medrab

[MickMason]

Originally Posted by minot13010

I have a short position at 1.2030 , Do you see another break below 1.20
Thanks

What time frame are you trading

[Medran]

Originally Posted by MickMason

What time frame are you trading

Day bars... only making stop loss/limit order decisions at NY Close. What difference does it make?

[MickMason]

Originally Posted by Medran

Day bars... only making stop loss/limit order decisions at NY Close. What difference does it make?

The question wasn't directed at you, it was directed at minot13010 whose post I quoted.

The significance of which time frame he trades should be fairly obvious if you know anything about trading


Mick