Monday, 18 March 2013

EUR/USD 18 MARCH 2013



Price had a HUGE gap opening last night, some 160 pips, breaking the B low yet again. We have a new A high, waiting for a B low to form. We have no trade setups, but we do expect price to close the gap, or at least attempt to do so over coming sessions.

Will be going long if:
No trade setups at present - stand aside. For those that trade gap closes, there might be an opportunity.

Will be going short if:
No setups at present.

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