We waited and here it is. Entered short at the open of the next candle. So now we wait and let the FxTrifecta and the DBRS do its thing. The .50 Fib retracement is at 3486 but the Big Number 3500 is just above… so my TP is set to the 3510 area . My initial Stop is 10 pips above the high at 3704. I will adjust the SL lower as the trade progresses, thereby reducing my risk. Praise God.
EUR 4 hr FxTrifecta Cross on 4/12/10 @ 4:00 GMT
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