January 24, 2013

Euro Anchor Chart Prep

Euro Anchor Chart

This morning on the Euro we are excited to see price trading around the PHOD which gives us an InsideOut Set-Up.  we are also looking at Symmetry resistance which will aid in this short trade today. We can see the perfect example of a bullish price channel so make sure to use this as a profit target when you get short below the PHOD.  If we take profit at the lows of the bull channel around 1.3320 we will then consider buying the lows of the channel b/c this is very high percentage.

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