Hey folks
Time-frame: daily
Trade type:short
Entry type:retracement
Entry: 1.5900
Stop Loss:1.5985
Profit Target: 1.5806
Trade Explanation: There was a pinbar forming a double top. we had confluence price closed below the 61.8 fib for the second time, as well as the 1.59 level. my trade plan was entry on a retracement at the 1.59 level (round number) and I put my profit target near the low of 22/10/2012.
Please feel free to comment everything. Thank to everyone…BABYPIPS ROCK!!!:57:
Regards
RJU