Site Meter The Lawyer Trader: Eur/Usd Update: Got Out

Friday, April 24, 2009

Eur/Usd Update: Got Out

Had to get out of the Eur/Usd short. It started out as a good trade but it ended up being a loser. I'm out and on the sidelines for now. Will hop back on the short if the pair starts making new lows...and vice versa if it breaks the 1.34 resistance. Here's an hourly chart showing the exit point:Unfortunately, that was the only trade I made this week due to how busy work has been for me...hate to have your only trade be a loser. Oh well, there's always next week.

TLT

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