Monday, January 18, 2010

Slow and rangy

Break down didn't happen below previous 5min lows and I was slow on cutting loss. For second set of trades where I averaged I got help from eur/gbp that cleared 0.8800 so eur/usd fell. All in all movements where not readable for me or they were not typical. My idea was that we can get some action in early morning opposite to later when things could slow down because of US Bank Holiday, but there wasn't some real action.

+8 pips

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