FOREX EUR/USD 5th September 2009

Euro daily

Yesterday's probability was a move back into Tuesday's breakout and a continuation down from the 5-day 50% level....

Friday:- no probability pattern let the Week trade out.


We can see some ideal swing and rejection patterns on the Euro on Thursday...

My mistake was not taking the down move after 7pm once below 1.4530, as it also aligned with the Weekly low breakout.

Instead waiting for a 'touch' of the 5-day 50% level.


  • All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



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