Posted by millionaire | Sunday, August 05, 2007 | | 3 comments »


Above is daily chart for cable,i got a weekly pivot range at 2.0320 to 2.0382,base on trading with the pivot range strategy,price bias to upside as long as last range at 2.0320 hold.First target to upside shoud be around 2.0567,watch out the price action after london open tomorrow,currently the highest last week reach at 61.8 fibo retracement from 2.0652 to 2.0180 at the daily chart.But i stick with the pivot range strategy,my preference buy limit at 2.0380 or manually as low as i can.stop loss at 2.0320 first tp=2.0567,trailing my stop loss after gain 75pips.If price breaks the lowest range at 2.0320,my strategy will change automically.Ok guys,happy trading and good luck:)

3 comments

  1. AZFA NETWORK // 2:30 PM  

    wah bro... saye salin :D

  2. AZFA NETWORK // 2:33 PM  

    wah bro... saye salin :D

  3. millionaire // 7:57 PM  

    keke..tgk atas,kta reverse bt sell lak..heee