EUR/USD (1.3310). My post Greece Speculation Trap strategy would go SHORT 3 units at 1.3270 if the price trades again before 19:00 CET. If a SHORT trade is triggered a protective stop-loss will be placed at 1.3330. I will aim to exit the trade at 3 different price levels, the first of which is set at 1.3210 where 1 unit will be closed out and the stop moved to breakeven. Further updates will follow if filled….

Notes: This trade is a multi-day swing trade and open positions are few several days.

Howard Friend

Chief Market Strategist

E-mail h.friend@migbank.com

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