Friday, September 14, 2007

Cable continues to slide

Eur/usd and aud/usd maintains consolidation mode today, price bouncing within S/R levels + juice was red most of the time and did not open any trades on these two pairs. Gbp/usd however dropped 70pips just after NY close early this morning within the first hourly candle. Entry was given for a short signal but the price never retrace for a trigger as it continues to slide and stayed down for rest of the day. Eur/jpy still ranging and again enough to trigger a short order and stopped giving me 3rd consecutive loss.

2 valid short entry signal given on Fxovereasy with gbp/usd, both profit (+36+82), best signal ive seen for a long time. Hope to catch better trades next week.

Result: +0pip

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