Magpie Trader
Monday, October 24, 2005
24/10/05
Short cable at 1.7671. SL 1.17701
It's looking like the attempt has been made to high, but the up TL has been broken and the major trend is down. Looking for Fridays low to start with.
edit: didn't like the way it stalled as it should have plummeted to my limit for 25, move SL to +1 and then stopped out.
+1
Missed the blatantly obvious CAD long trade as it's Monday and I was looking at other ideas, so to put into force what I've been looking at as I'm off to bed, a (demo) sell stop on euro at 1.1924, SL1.1945. Limit exit half at 1.1899 then SL moved to BE+1.
It's looking like the attempt has been made to high, but the up TL has been broken and the major trend is down. Looking for Fridays low to start with.
edit: didn't like the way it stalled as it should have plummeted to my limit for 25, move SL to +1 and then stopped out.
+1
Missed the blatantly obvious CAD long trade as it's Monday and I was looking at other ideas, so to put into force what I've been looking at as I'm off to bed, a (demo) sell stop on euro at 1.1924, SL1.1945. Limit exit half at 1.1899 then SL moved to BE+1.
// posted by Magpie @ 9:16 pm 
