Friday, January 11, 2013

Cable Update: 11.01.2013 14:41hrs

Cable:

Price has retraced to the Daily Pivot Point and my first order has been triggered at 1.6110.

I am Long Cable from 1.6110 with 0.25% exposure.

I have removed the second order.

There is data due to be released at 13:30hrs from the USA in the form of US Trade Balance.

Therefore with the new announcement only 45minutes away, I have moved the stop Loss to break even eliminating the risk on this position.

Chart below:

 
Have a good afternoon
 
Regards
 
 


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