EURUSD Long Trade @ 1.31834, SL @ 15 pips, TP1 @ 15 pips Plus

Trade taken as price reached 78.6 fib level and channel support level also price reached at 1Hr support trend line, my first target would be 10 to 15 pips and will consider move SL to BE 

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Comment by Ash Noor on December 31, 2012 at 8:14am

Partial Profit taken @ 1.31965

Comment by Ash Noor on December 31, 2012 at 8:20am

Stopped out at BE, only 10 pips

Comment by kamdi eloji on December 31, 2012 at 8:42am

morning peter , i sold short just got off at 1.31868 i was also thinking it will hit the 3260 and 3270 mark before retracing downwards but currently its still on 3187 not really certain where it will head next but if over 3260 and 70 i will buy but below 13146 i will sell with target profit as 1.30890 ?

Comment by Ash Noor on December 31, 2012 at 8:43am

I am again Long @ 1.318539 as I can see price rejection at 78.6 fib level, will consider move SL @ BE if price move in favour, lets see 

Comment by Ash Noor on December 31, 2012 at 8:49am

I have already banked some pips on previous trade and GBPUSD trade so, I am taking again 15 pips risk, lets see how it goes 

Comment by Ash Noor on December 31, 2012 at 9:07am

Taken few pips @ 1.31984

Comment by Tim on December 31, 2012 at 9:13am

i agree with you rocky 1.318 area is a good place to buy. if the support holds i see price reaching 1.3500 area.

Comment by Ash Noor on December 31, 2012 at 9:14am

Still holding long trade, already taken few candies, lets see if I can get few more 

Comment by Ash Noor on December 31, 2012 at 9:42am

Sorry Peter, I didn't see your message, I am still on holidays now I am at Islamabad, Pakistan,  and  I am using my laptop, for this trade my  target would be @ 1.320945 bit below 38 fib level if price move in direction. lets see how it goes

Comment by kamdi eloji on December 31, 2012 at 1:39pm

@peter i have been scalp buying and selling hours now but price is still stuck between 32010 and 31724 an hour to us open bell dont know how it will turn out in the next hour?

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