Tuesday, May 15, 2012

Cable Update Tuesday 15th May 2012 09:45hrs

Cable.

I have moved my stop to break even on this trade. Thus eliminating the risk.

Chart below.



The chart looks a little oversold and it is likely this will stop at break even, however there is no risk on the book so lets hope we see a new low through 1.6050, and on down to the target.

I have set a limit order for 5% and will update again this evening.

Regards

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