Posted by millionaire | Thursday, August 16, 2007 | | 0 comments »

16august

Today i got a 3days pivot range at 1.9941 to 2.0055.Base on trading with pivot range price bias to downside.As long as 2.0055 hold,cable still have a risk to decline.In the near sight,cable should end the downside today around 1.9780.I dont take any position yet because the forecast data about retail sales gbp is bad.So the price remain to further decline.I will only buy cable if price break 2.0055.Now maybe just hunting to scalp around,good luck and happy trading:)

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