Discussion in 'Forex Trading' started by martingalaj, Aug 8, 2010.
short limit audnzd 1.2570-1.2580
no calls today
reason> no news on the market
i am think no nice movements today
finally market moving against chf last 3 hours
i am think short cadchf can work
good sup to short 1.0180-1.0185 area
if you make this trade just have 20 pips of risk *current quote 1.0165
u can win 40-60 pips
another technicals reason
trace fibo from last down 08-06 until today
you have 50% fibo retracement in 1.0185-1.0190
put your stoploss above this zone
...Shaking my head like the AFLAC duck on the Yogi Berra commercial.
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