DislikedI've often wondered why we don't get more interest in this thread... we follow a sound method that gives very good opportunities to make a lot of money. The trouble with it I suppose is it takes hard work and understanding to make that money.
At the present time , I'm short the Euro/Usd at 1.2700. I believe we are still in a long term downtrend. My stop is at 1.2775. I would make the stop even tighter if I thought I could get away with it. I believe the daily trendline will provide some resistance at the 1.2700 level. It is interesting to see how the price action is folowing along the trendline now, several hours after I have entered the trade.