Well i missed the best of this and came away from the table with a few crumbs. Price ran out of momentum and could not reach my two MA's ( i use 144 EMA & 169 EMA with a 12 period EMA as a signal line but the two longer term MA's provide good support/res). As quickly as it went up it came back down. As soon as price started to fall i moved my break even stops to yesterdays low of 1.3585 and hey presto +13 tics on each but overall a disappointment as this trade had potential. Now i want to see if the brown LMLP supports price but as we never reached the centre line of our brown ML set i suspect we are heading lower..
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