Monday, November 17, 2008

eur/usd 60 min short

Just another euro short that paid 60 pips. Found nice FPP resistance at 1.2722. Price hit me while I was asleep. Target was back inside of the range. As am writing this post the pair has dropped +120 pips from entry. I did not enter with my "runner", but it's not a big deal. Since my understanding of FPP, my levels for s/r has been incredible. My backtesting has also been stellar. My levels most of the time will have a less than 10 pip drawdown. Awesome.....

No comments: