Monday, October 03, 2005
03/10/05
short cable at 1.7575, SL 1.7598
TL break south, in a downtrend, with resistance at the bottom of the pivot range. Low risk trade with a stop above the spinning top.
edit: blogger was down, so couldn't update at the time, closed Cable trade at 1.7527
+48
Shorted cable again at 1.7536 and got stopped out at 1.7555
-19
Went long the jappy at 114.08 (currently 114.28) on an A up in an up trend and using the 3 day pivot as the stop. Looking for this trade to continue for a few days.
TL break south, in a downtrend, with resistance at the bottom of the pivot range. Low risk trade with a stop above the spinning top.
edit: blogger was down, so couldn't update at the time, closed Cable trade at 1.7527
+48
Shorted cable again at 1.7536 and got stopped out at 1.7555
-19
Went long the jappy at 114.08 (currently 114.28) on an A up in an up trend and using the 3 day pivot as the stop. Looking for this trade to continue for a few days.