3/14/2008

EUR/USD Short Trade (Update)

Update of trade from 3/13/08, @ 9:29am CDT: I closed out the trade at roughly +10 profit.

The Bear Sterns news caused the EUR/USD to hit a new high. My stop was safe, but the Elliot wave count has changed. I have yet to determine what it will be and therefore will stay out of the market for now.

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