cable plan next week:
buy limit around 1.9760 to 1.9795 or buy stop around 1.9890 to 1.9900,stop loss below 1.9700,minimal profit 2.0070,2nd profit 2.0275 max profit 2.0465.
Story:
Strong bounce cable on last friday indicate the upside is still in progress,breakout 1.9930 is needed to accelerated the momentum,while smaller timeframe should retrace a bit it's possible above 1.9700 zone,breakout 1.9680 would change this plan and more downside could be seen for pound.ok trader,trade your plan and protect your capital with stop loss,do your best money management and goodluck;)
Posted by
millionaire |
Saturday, April 26, 2008
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cable rebound
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link exchange are most welcome,but i prefer the link about forex only.anyway thank you for dropping by.please come again:)