Daily analysis and trading strategies 8-26-10

August 27th, 2010 | Tags: , , , ,

Quote of the day: Success isn’t permanent, and failure isn’t fatal. — Mike Ditka
EURUSD
Trading strategy: small long at 1.2730 on hourly close above 1.2720, stop at 1.2660 (0.5% risk), objective at 1.2850
The euro recovered after another dip towards 1.2600 from 1.2720 which still provides intra-day resistance, for the 4th day. …



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