Tuesday, November 17, 2009

NOVEMBER TRADE #5 - BUY EUR/USD

Nov 18, 2009 8:00am (Manila)

Trade got stopped-out at -152 pips/lot for a total of -608 pips. Awts.

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Nov 17, 2009 1:06pm (Manila)

BUY EUR/USD @ 1.4966 (4 lots)
Stop - 1.4814
Limit 1 - 1.4896
LImit 2 - 1.5037

My third EUR/USD trade in as many days. Tonight, a slew of US economic announcements are due (expected to be on the bright side) which could trigger further risk appetite away from the USD.

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