20 Aug 2008

Here's the setup for today. The past two days no trades were triggered. Today is Wednesday, but still considered the first attempt.


Update: Price moved +42 pips in my way and retraces to hit stop loss at break even. No loss. Cable has been in a two day strong channel. Am considering buying an extra lot today if criterias are met, 1 lot to follow the usual method, and another 1 to trail at 40 pips (this would be set after it has moved 50 pips, guaranteeing a 10 pip gain).