AUTOREFRESH 
EUR/USD flushes out a few small stops below 1.3200
By Jamie Coleman || February 13, 2012 at 20:08 GMT
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Third time’s the charm for EUR/USD as it finally moves below the 1.3200 level and triggers a handful of light stop-loss sell orders. We’ve been as low at 1.3194.
Spanish bank downgrades and lingering fears that the Greek saga will eventually end in tears are weighing on EUR/USD.
Next support at 1.3165/70 on the short-term charts.
Classical ‘sheep mentality behaviour’ of the trading algorithms ; do not to be racket scientist to break their code.
…… DULL american session, as usual.
Does anybody trade at all? I mean there is no direction at all so better not to trade until we moved 400 pips to one side or the other. Trading now is killing your account I think. Still just watching on the sidelines as the market makers play and fool around. Maybe they don’t make enough anymore since nobody is trading if only small stops are noted.
At this time the trading job is replaced by talking…………….
wise money management, wise stop loss & take profit orders and should be ok;)