Thursday, 14 April 2011

GBP/CAD, AUD/NZD, GBP/JPY

Shorter term trade, along with market direction with tight stop loss and extended profit potential.


Long position of AUD/NZD also confirmed by the price being stopped retracing on the 50 % of the latest up swing.


GBP/CAD on weekly chart has bearish bias and channel trading.


According to the overall market direction, I've decided to take a short trade, confirmed by the price rejection of the 61,8 % of the fibonnaci retracement from the last swing down, and confirmed by the bearish gartley pattern.


These are my today's trades. Good luck in your trading


1 comment:

  1. Hello Kingich,
    thanks for dropping by.

    How are those trade of yours going? I'm trying to see where you execute your positions but can't tell from your charts.

    ReplyDelete