(CLICK ON THE CHART TO ENLARGE IT)
Last week´s move was very erratic. I was right on my short at break of 1.2050. Prices dropped more than 200 pips. But the thing is that this only happened last Friday Aug. 03rd. So if u had entered short at the first break of 1.2050 on July 30th you´d either reached the 1st target at 1.2025 or if u had stayed short u´d have been stopped out on Aug. 02nd. So my strategy worked well if u had followed it and entered at the first break of 1.2050 (see the 04-hour chart for the entry point for this short).
