Tuesday, May 23, 2006 11:31:45 PM
ok guys here goes the chart....the EUR/USD channel I am playing in my demo acct. Sorry for the "noise". The green dotted lines are just my current position entries short at around 1.2849 and 1.2842 with the red dotted lines my stop loss and take profit triggers. Yellow lines are fibonacci retracements. Again sorry for the clutter didn't really mean to have that stuff on there. I'm following the dark red lined channel until it breaks and the stochastic showing overbought and oversold. It's a 4hr chart, which I have never used before (normally use the 5, 15, daily, weekly to trade) but seems to be showing well currently.
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