WEEK ENDED 4.4.2014 (PART II)
An interesting story for EURUSD.
Our earlier entry was at 1.37660. Price peak to a high (with a Buy signal) of 1.38198 (floating loss of 54 pips) and thereafter it went south to closed at 1.37023 (floating gain of 64 pips). Well, not too bad our Stop Loss of 200 pips was not breached yet.
For those a little impatient, could have entered a Buy at 1.38198. This could happen especially in hourly chart such as this. Be prepared for zigzag multiple false signals.
Let us see if EURUSD can go further south.

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