November 2012

The only new Swing trade taken this Week was the EUR:CAD swing long which I've held over the Weekend. The trade is based solely around the 200 MA on the 4 hourly time frame where many pairs exhibit bullish tendencies above the 200 MA and bearish tendencies below it. It's a simplified method of swing trading and defies my normal logic of requiring at least 3 independent solid reasons offering support for a trade before considering entry.