Sunday, March 31, 2013

monday open trade

On the weekly chart EU is still downtrend and on the 4 hour chart candle open below 20ema, so we wait for retrace to the 20 ema before we enter our weekly trade. On the daily chart, EU open right on 5sma which is a good sign to sell directly, but since i dont like trading on the first hour of the first day of the week i will wait till europe open.

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