FOREx EUR/USD 27th August 08 part 2

Euro 17:00

follow on from the AUD thread and Euro entry...

Because of the position of the Brown filter (below) i've exitted shorts on Euro

@ 1.4675 + 53 pips (double R41 pip)

If the euro was coming down from the 5-day 50% level and pushing down from the brown filter then I would hold for a larger move down...

no more trades on euro today...