Thursday, January 8, 2009

Two trades

EUR/USD - entered a long position at 1.3545, exited at 1.3640 and USD/CHF entered a short position at 1.1119, exited at 1.0998. Both the trades were based on fib retracement ratio, exits were based on pre determind support and resistance level. I was very happy with the market movement in the last couple of days, hope this volatility will continue. One important change I made in my strategy, I will trade any set ups regardless of the main trend.

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