Tuesday, July 19, 2011

EURUSD 19 JULY 2011 Trade 1















As from the chart, a stop order was filled for EURUSD @ 1.4155. The position was subsequently.

The position was unwind gradually when the price traded up. This is a good trade with the price escalation shortly when the stop entry was triggered.

The position was closed out completely when the price traded below the Kumo cloud.

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