Trade the foreign exchange with no indicators! Only support and resistant..
Thursday, July 10, 2008
Upcoming Trade: EUR/JPY
Potential short entry for EUR/JPY at 169.20 - 169.30 zone. Target T1 is at 167.20 (+200 pips), and T2 at 166.20 (+300 pips). SL is a rather small one at around 169.80 - 170.00, but as usual, I will manually close my trades and not use stop loss. Chart below:
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