Monday, 22 June 2009

FOREX Trading Review Video 12 MAY 09 EUR/USD : Trend Continuation (Morning Doji Star)

EUR/USD long trade based on a morning doji start candle formation. Entry made on a MACD confirmation:

- Morning doji star formation on the 4H, which is a strong bullish signal.
- Price found support off the 8 EMA.
- A higher low has formed on the 1H.
- Old resistance on the daily has now become support around 1.3550 / 1.3600

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