DislikedThat level is not without short term risk now. Do better not take a trade in the middle of nowwhere. If you have the Murrey Math installed on your system look at the 5min chart or 15min. You bought at the pivot 4/8 line.
To make things easy for yourself, only buy around the 0/8 line and short around the 8/8 line, but not in between.
But good luck with your trade :-)Ignored
Especially with the barriers at 1.47 according to Coleman (as pointed out by FibbenArchie) - http://www.forexlive.com/blog/2011/0...s-the-advance/