Wednesday, May 22, 2013

CABLE & GBP / JPY UPDATE: 22.05.13. 06:45HRS

CABLE:

Price has done nothing over night.
As you can see from the chart below. the stochastic didn't get to overbought, therefore my orders have not been hit.
I am still looking for a short position. I will update again when the set up is there.

Chart below:


GBP / JPY:

This is very much the same as Cable and EUR / JPY from Monday.

Price is not quite ready to go just yet.

I am looking for s position but I will have to wait for the moment.

Chart below:

 

 
 
Cable
 
GBP / JPY
 
EUR / JPY
 
All remain on the watch list for entries.

I will update again when the entry criteria is met.

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