EUR.USD

[peat]

alas not.

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so with it retracing to the 61.8 fib of y'days push down I've shorted tonite at 1.3003 with stop at 1.3036 target 1.29

[roddy]

Hi Peat
the resistance has held yet again,could be a possible ascending triangle in the making on the daily , so might be a brake out to the topside



roddy

[peat]

well said Roddy, hope you got some of that.... I was valentining and out... so put in a long limit at 3072 after it popped but didnt get filled.

[roddy]

Hi Peat

Alas no,i was as it happens doing the Dad thing,bedtime story etc,i had my stop worked out and trade strategy but just hadnt gotten around to putting the trade on,i was perhaps a little on the cautious side as the logical place i thought for my stop was 100 pips away at the
1.295 area.

Great to hear you were valentining i hope you enjoyed the evening!!!![8D]
cheers
roddy

[roddy]

Just trying a little short here at 3138 see how it goes!target 3100 and off to bed('[|)]')
[|)]

[peat]

well I cant help but think the upside break of the 3 day TL down for Eur has negated the pressure on it and reconfirmed bullishness. On the daily 20 SMA hasnt gone down this month, there was no DI cross , and ADX is now turning upwards.

[peat]

closed at 1.3247 +97 (from the 20th)
but where now? I'll buy into any dips.

[roddy]

Good CALL Peat once again,after the break of 3190 it hasnt looked back so far,yes would appear the upside is stronger with support at 3190,i was on the wrong side of the kiwi last nite never mind!

[peat]

have re-entered long at 3206 stop 3174

bailed on this now.... +25

mid 31's a risk until 3260 is cleared