Friday, June 22, 2012

Cable Update. Friday 22nd June 2012 10.25hrs

Cable.

I have been triggered into the trade and price has moved away from the entry by 15 pips or so.

Price action looks a little slow at the moment and there is little in the way of data today.

I have moved the stop to break even to eliminate the risk on this position.

Lets see if we can make a new low before the weekend.

I will look to move the stop down again before the close of business today if we are still short at 20:00hrs

Chart below:


I hope you have a good afternoon and fingers crossed we can make some pips.

Regards

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