Wednesday, July 29, 2009

Long EUR/USD 1.4019

Playing 61% fib and previous S&R. We came 4points from my TP at 1.4049 but did not take it out. We've now ranged down to 1.40...I'm holding this trade as it's a significant level and should provide a more meaningful reaction.

I will accept the loss in stride and move on to the next one if we can't make this happen.

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