Monday, December 27, 2010

Forex analysis 28/12/2010.....

In the end of the day 27/12 we see the eurusd in a side trend we will wait for break to enter.But in the gbp we can see the retreat from 5369 to 5410 but we still in our trading.with this new conditions in 28/12 if the price break 5456 we will close our trade and go long with the price but if the price continue its fall we will wait for breaking 5370 support to continue our trading safely to 5356 then 5296.

Our working trade:-

GBP/USD

ENTRY @ 5403
SP1 @ 5356
SP2 @ 5296
SL   @ 5457

---REMEMBER JUST RISK 5% OF YOUR TOTAL BALANCE IN THE TRADE---

                   Fell free to comment and gave me your opinion  

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