Monday, September 28, 2009

EUR Short, heck you can do this everyday.

This combination of a nice triangle (even though blown up a time or two), and a person pivot, in the headwind of a potential USD rally, 3% Dollar bulls, and potential geopolitical instability says....short!!

Could stop out, for sure, so be it, take a small hit and move on.   Or if the trade moves my way, lower the stop to breakeven and risk higher stop out chances, but zero loss is a beautiful thing.  

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Insightful and Useful Comment!