Friday, July 23, 2010

#1+2


#1: up and ready this morning...eu had risen in the european session after some news was released...it is moving a bit lower now tho so i picked out the 05 area as my 15min 50sma which is usually good for a bounce...i got the push to this area and hopped in the buy for a couple pips..

#2: after exiting my bounce trade I recognized the price action setup for a push in the direction of the momentum..sometimes these can give alot of pips however i only took a couple as the move looked like it had stalled

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