Wednesday, December 9, 2009

#5


#5: we're moving down pretty hard now, euro below 1.4700...there was a previous strong bounce at the 91 area, i entered a bit late at 94 and was able to get out on a spike up to 97..when the euro is pushing hard in one direction, it's important not to try and jump in and hope for a reversal but instead pick out key areas where it could bounce...here the key area was a previous support level earlier in the day

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