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mikeylp replied May 11, 2012Still... either it might continue a down trend or break it up. It's a good support level, clean double down levels, clean 1.2900 support, still it might go down even though I am long with eyes on it for a reverse.
EURUSD
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mikeylp replied May 11, 2012Don't know mate, but 20pips even more seems to be like for stop losses for day trading, I have up to 40pips right now. The take profits should be analyzed and much more profitable.
EURUSD
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mikeylp replied May 11, 2012It looks like we have a shooting star at Fib 61.8 level, which says "bearish" but we also have double down levels for trend to change, we should probably see what happens in 30 minutes when the USD news are released. Like previous post mentions ...
EURUSD