I had Limit Orders (from two weeks ago @1.3080) go off in both my short and intermediate accounts for EUR/USD...short 4 lots. This is a big breach folks. The trading that I did in the pair yesterday was above this level...and it was 'manual.' These trades were based on pre-established Fib support. This shows that previous price action works just fine as an indicator.
From MarketNews:
LONDON, April 17 (MNI) - Euro-dollar was still trading heavy through the European morning, extending four-week lows down to $1.3055 after Asian dealing had pushed the pair to $1.3065 following perceived dovish talk from ECB's Trichet in Tokyo.
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