14 Nov 2007
1. Current Positions:
At present, I have 1 position short at 2.0700, which is takeing paper losses.
2. Open Positions:
I have placed long at 2.0865, TP 2.0945 and long at 2.0730, TP at 2.840
I have too placed short at 2.0820, TP at 2.0700
3. Personal Expectations: GBP continue to move north towards EMA200 (1 hour chart) at 2.0820. A reversal may take place should WMA5 punch through EMA200 at 2.0860, else a reversal may take place and that will nicely form the C-wave reaching to EMA55 (1 day chart) aor even EMA100 (1 day chart) at 2.0450
At present, I have 1 position short at 2.0700, which is takeing paper losses.
2. Open Positions:
I have placed long at 2.0865, TP 2.0945 and long at 2.0730, TP at 2.840
I have too placed short at 2.0820, TP at 2.0700
3. Personal Expectations: GBP continue to move north towards EMA200 (1 hour chart) at 2.0820. A reversal may take place should WMA5 punch through EMA200 at 2.0860, else a reversal may take place and that will nicely form the C-wave reaching to EMA55 (1 day chart) aor even EMA100 (1 day chart) at 2.0450
posted by Ernest Seng at 8:14 AM
0 Comments:
Post a Comment
<< Home