Tuesday, January 15, 2013

Cable Update: 15.01.13 04.45hrs

Cable:

Price has pulled back over night, however it has not pulled back enough to allow an entry with sufficient risk reward to make the trade viable.

The high of the pull back was at 1.60925. Just 2.5 pips from my first entry.

Price has now made it's move down by 20 pips and I have removed my orders to short cable.

Chart below:

 
I will update again when the next strategy trade has been identified.
 
Regards
 
 

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