Hello traders,

I continue coverign my short-term trades on EURUSD. If you feel you need more info for understanding you can have a quick look on my previous thread.

In recent days I've been watching closely on formed channel (marked brown on the chart). This morning the pair confirmed it's broken the channel to the downside, so my first position was selling from 75.

I expect to see more downside movement on EURUSD today. I'll keep my sell positions opened while price stays below 60-65 area.

I'll try ro keep this thread updated through the day, your comments and advice are very welcome! :)

Have a safe trading,

Rao.

Views: 372

Comment by Girish Chander Jain on April 22, 2013 at 10:44am

i do not more abut charts isnspite of this its first support 3003 2985 2965

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