EUR/USD 6/13/10 Looking for Longs

6/15/10 11:00PM EST Update: Removing the If then OCO order NO Trade

Cashmechanics.comtm

Play of the Week

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EUR/USD – To rangebound with bias skewed higher
Momentum bias – looking for longs at 1.2078

Play of the Week:
I am looking to go long at: 1.2078 area.
If filled, my protective stop is 1.1985
My profit target is 1.2208

Risk = 93 pips Reward = 130 pips
(disclaimer: this trade is for educational purposes only and is NOT in any way trading advice. There is extremely high risk in currency trading. Please consult your financial professional before considering this type of risk)

Best regards,
Pat Arcadipane
Chief Executive Manager
Cashmechanics.com

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