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2013 Profitable Streak In Forex Continues

Published 01/09/2013, 05:01 AM
Updated 07/09/2023, 06:31 AM
EUR/USD
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USD/CHF
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NWSA
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Recap:

Our profitable streak into 2013 continues, with 101 pips booked yesterday – 60 on EU and 43 on USD/CHF.

Our long on EU was triggered on the 3052 resistance break and quickly jumped and actually did end up hitting the full target of 80 pips but we closed early (booking 60 pips).

Though we missed out on 20 extra pips we also gained 43 on the USD/CHF trade that came nowhere close to hitting the full 80 pip target.

Short-term charts are bearish but without a clear S/R line to swing off of today we will remain flat on the EUR.
<span class=EUR/USD H4" title="EUR/USD H4" width="603" height="375">
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Trading Idea: Short-term charts are bearish but without a clear S/R line to swing off of today we will remain flat on the EU.

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