Friday, 16 November 2007

Early Action

Markets: EUR/USD & GBP/USD
Timeframe: H1
Technical Triggers: On short and long terms simultaneously
Direction: long
Price entered: 1.4591 & 2.0416
Target: 70 pips above
Stop: 70 pips below
Comments: Entered near the low of the morning session, bottom-fishing type signals

Markets: USD/JPY
Timeframe: H1
Technical Triggers: On short and long terms simultaneously
Direction: Short
Price entered: 110.05
Target: 70 pips below
Stop: 70 pips above
Comments: Signal confirmed, all three signals pointing to usd weakness, let see what happen next

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