Thursday, January 19, 2012

1st EUR NZD



I should probably pay more attention to this pair.

I saw this setup before I went to bed but was scared of being wrong because of the previous trade on this pair:



I got in too early on the previous trade (even though I was right I was still wrong).

It looks like the Fibs held in this instance, on the previous trade I drew my fibs in the wrong place and looked for a continuation of the trend.

We've come to an all time low and bounced a little bit.

I need to learn market sentiment