Forex signal #14 EUR.USD (Euro 40/80) update
December 3rd, 2009
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Not a good week for the set and forget mechanical systems.The Euro got to circa +29 pips (within 11 pips of its target) and then withered. After I read an article yesterday that certain members in the Euro community could stand the Euro up as high as 1.6000 I though that might spur it on to greater heights. Unfortunately not the case. I know a few members pulled their orders, and several active traders took some early profits or got out around break even, but in fairness to our ’set and forget’ members I will still reduce the monthly count by 40 pips.
