Todays i got 3days pivot range for cable is 2.0308 to 2.0348,when trading base on 3days pivot range market bias to upside,further rise could be seen around 2.0450 as a first target and 2.0650 maximum target for this week.My strategy today wait if cable try to enter the range from 2.0308 to 2.0348 first,if price get into the range,waiting breakout,if break 2.0348 i put a buy position,if break 2.0308 i put a sell position.However,if price fail to get into the range,i put manually buy position as low as i can,my 1st tp at 2.0450 and max tp for this week around 2.0650.Stop loss at 2.0300.Happy trading and good luck!!!
Posted by
millionaire |
Thursday, August 09, 2007
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cable trading
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