Thursday, June 14, 2012

Cable Update. Thursday 14th june 2012 09:42hrs

Cable.

My order at 1.5500 has been triggered and I am short cable.

Price has moved away from entry and is currently in profit by 15 pips.

There is good USD data out this afternoon at 13:30 UK time and I am looking for this data to push Cable lower.

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

Chart below.



I will update again later this afternoon.

Best Regards


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