Tuesday, July 13, 2010

GBPUSD#12 - Day Homework



GBPUSD didn't drop as much as initially expected. What about this now? Still can't catch it's behaviour.

Still will watch out when it nears double-top. There seem to be a strong resistance there.

Short entry possible at 1.5240 - 1.5275. SL 30 - 50pips


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2 comments:

  1. Ripple, did you short on GBP/USD? activated and still holding?

    May be next time you include your target in the trading plan ^_^

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  2. i did...activated and killed :'(
    haha...
    it's much more bullish that i thought it would be.

    Ya, i think i need to work more on target...only i can have better idea of the risk:reward ratio

    how's yours?

    ReplyDelete