Thursday, September 1, 2011

Opening Bell

Yesterday we saw a breakout and a new higher high, however this proved to be a false breakout. Quite quickly there was a correction and a trend break-down @ around 13.20 EUR with further confirmation of breaking below 13.10 EUR.

We have entered with short position and a S/L @ 13.15 EUR, trading the break below 13.10 EUR.

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