Discussion in 'Forex Trading' started by T-Bone Trader, May 11, 2009.
i will cover then
any thoughts on the mid-long term trend of cable???
Looks like it might be attemtping to kiss 1.5200
I will cover then.
Took GBP for a nice profit on the upside this morning...glad I caught that UK housing data on MarketWatch...
support at 5300 - profit taking target @ 5400
should not take too long to reach tonight - looks like a fast trade
tempted to keep the position a bit longer until it hits 5600 on the daily charts
might hit that target by Thursday - at this current bullish upside momentum wave
that would make for a "real" nice weekend!
ascending triangle on the 3 minute charts...
buckle up boys!
broke the ascending triangle to the downside but the overall trend still seems to be to the upside - we'll see in a few hours - lol
ouch! reversed the trade but still taking a small loss....darn!
back down to 5100 is my target
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