FOREX PRO Weekly November 28- December 02, 2011

Euro broke through 13390-13412 today

Sive, you say in your Dec. 2 euro video that if euro breaks down through 13390-13412,
to short it at nearest retracement. Couple of Q's: (1) Do you mean a close
below 13390-13412, or just a trade below? It has this morning traded to
13362. (2) If it is a trade below (not a close), would 13412 be a suitable retracement to enter short?
My apology for posting this on this thread, but I don't see a thread for Sive's Dec. 2 video.
 
Sive, you say in your Dec. 2 euro video that if euro breaks down through 13390-13412,
to short it at nearest retracement. Couple of Q's: (1) Do you mean a close
below 13390-13412, or just a trade below? It has this morning traded to
13362. (2) If it is a trade below (not a close), would 13412 be a suitable retracement to enter short?
My apology for posting this on this thread, but I don't see a thread for Sive's Dec. 2 video.

Hi Adman,
video is in root directory of my part of forum.
Anyway this was told if market will trade low prior upward continuation. I've made research before european session. Now recent butterfly has worked perferct and market has touched our minimum target at 1.3550 and only after that has moved below 1.34.
So, upward context has worked well. If you want what we can do now - follow to new weekly thread and research. Let's discuss it.
 
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