[TW] 5-21-2012 Short EUR/USD by mnukf

Long or Short: Short
Time Frame : 4h
Entry Point: 1.2775 (At Market)
Stop Loss: 1.2850
Profit Target/s: 1st: 1.2630, 2nd 1.2470
Reward-to-risk Ratio: 2:1 & 4:1
Risk percentage: 2 %
Indicators used: Falling trend and Fibonacci
Trade Adjustments: Move stop to BE when price hits 1st target.


Voted for this trade, I think it will come down to this one and Pip Devil’s but I’m not sure Devils will trigger @ 1.29 or 1.30