Friday, June 4, 2010

NFP at 431K

it's worse than expected and eur/usd trading in a 80 to 40 zonne... 80 should be good short entry but as Oanda widen spread to 5 pips, I will hold on to my cash.

as I'm waiting for a smaller spread from Oanda, here is a setup last night.




I have a breakout order to short at 1.2015, target 1.2000. stop with 10 pips.

Just an update on the previous order, I have to go out to drop the kid to school so I canceled it, and yes, my trading idea was good, but didn't get executed.

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