Friday, December 14, 2007

Another 144 Trade

New Trade

Below is a new trade I found today in the EUR/USd pair. The chart is as it is developing. The criteria for entry are marked on the chart. If you are not familiar with this set up or criteria, go to the older posts.

























T1 is the profit target. Right now, it is 140 pips away. Let's see how many of those pips we eventually capture. We will exit with more than 50 pips or when price touches the 144 MA.

I will post an update later.

If you want to learn about my trading techniques, please visit

http://learnforexoption.com

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