Beating Alpha

iterating towards truth

Trading ideas

Week ahead (10.6 – 17.6.2013) – EURUSD

20130609-eurusd-thought

EURUSD has moved bit more than I was expecting but still in tact with my last week post. Currently I am expecting a moderate retracement and more of a range market. As long as we are holding in the upper side of this H4 channel (above 3050’s), there are still more chances that we are going to see a new higher high.

Bears: get in with lower sized positions down to 3050’s.
Bulls: get in with full sized position once an important levels (3100’s, 3190’s) are holding

Have a great trading week.

lechiffre

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