This pair continues to trend down toward the base line and the 800 sma. Again, this is not one of the trades I'll track and add to our running total because it opened at a time when I was not able to put an entry line up on the blog in time for folks to use it. But as an educational tool it is very good for showing how prices react to trend lines and how to spot these opportunities as they arise. I plan to write more on this trade this weekend (including some mistakes I made). For now though, suffice it to say that this pair has fallen about 350 pips since this move started and it may go better than 1000 pips before it ends. We'll see.Happy Trading
