Discussion in 'Forex Trading' started by athlonmank8, Dec 13, 2012.
109.8 Could potentially put the brakes on this thing for a little while.
Level to keep an eye on.
Red lines are other levels. Not a suggestion
Short @ 109.79. Stop above 110.15 for a swing. 36 pip risk.
15 min looks game. If it breaks, stop on 1/2 the position will be moved to B/E.
Initial target is 109.30 for 49 pips.
Out +25 on the remaining 1/2. Still needs to break L-T support.
Looks like it should hold .....
109.3 target hit.
FIRE! There's a FIRE!
114 is the current target..
However next 1-3 months we would be going around 120-125 zone.