Magpie Trader
Wednesday, September 07, 2005
7/9/5
Long cable at 1.8400 SL 1.8380
20 pip stop as it's a real yes or no trade now, the down trend TL has been broken north on the 15 minute chart and there's been a bounce off the hourly bottom bolly and 85 EMA. The hourly bollies have levelled off so the expectation is an attempt at the top bolly around the 1.8490 area, however there's going to be some resistance at 1.8445 due ot the hourly down TL from the previous major top, the R1 pivot and the top of the 15 min bolly.
20 pip stop as it's a real yes or no trade now, the down trend TL has been broken north on the 15 minute chart and there's been a bounce off the hourly bottom bolly and 85 EMA. The hourly bollies have levelled off so the expectation is an attempt at the top bolly around the 1.8490 area, however there's going to be some resistance at 1.8445 due ot the hourly down TL from the previous major top, the R1 pivot and the top of the 15 min bolly.
// posted by Magpie @ 6:39 pm 
