Tuesday, 8 January 2013

15M Time Navigator 8/1/2013 10.58 am London time: Fourth Try?

The Navigator got stopped out on the third try with a slight profit. The Euro now appears to be trying for the fourth time to break resistance. Market coordination is slightly off amongst the majors, but this is a make or break level which could go either way. The hourly bias is down and the 4-hourly is up but very barely. If this next entry appears, it will be taken, but certainly on half risk, and will be managed closely!

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