Being a new member, I thought it appropriate to post a few trades and some analysis... insight and comments welcome
http://img486.imageshack.us/img486/743/eurusd4zv.jpg
For Wed I favor a long bias and will look to buy (e/$) around 1.2075, variable entry dependent on intraday bottom (position sizing: 1/3 for preemptive strike and 2/3 on the back side) , with a 48hr target of 1.2170 (95pip var. time degrade), SL placed at 1.2040 (35pip fixed) with potential profit factor of 2.71
Rgds...
http://img486.imageshack.us/img486/743/eurusd4zv.jpg
For Wed I favor a long bias and will look to buy (e/$) around 1.2075, variable entry dependent on intraday bottom (position sizing: 1/3 for preemptive strike and 2/3 on the back side) , with a 48hr target of 1.2170 (95pip var. time degrade), SL placed at 1.2040 (35pip fixed) with potential profit factor of 2.71
Rgds...