Posted by millionaire | Sunday, February 24, 2008 | | 0 comments »


let's focus to euro/usd daily chart above,euro played smartly in the range 1.4310 1.4952,look like there have a chance for euro to break this range again,anyway,while the bull keep trying to break out,i am just watching the rythm,i would like to get in after bull exhausted,then get along to test the bottom range around 1.4310,euro could rest first around 1.4908 to 1.4952,then i'll put a small lot to sell,the spike upside never to surrender,but the power should have a limit,there have a 3peak failed to 1.50,i think 4th could be fail too,this is not guarantee,but that's the best.Dont forget to place stop loss,then just trailing to maximise your profit,ok trader good luck and happy trading:D

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