The trading rang for today is among the major support @ 1.3255 and the key of resistance @ 1.3440.
The general over short term basis is to the upside targeting 1.34 as far as area of 1.3440 .
2 position I 'm floting loss,
but I am trying to survive daily because the candle was still inside the lines sma5.
I show in tf daily chart to make it look obvious.
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
loss and loss. cut loss of all: -137 and -206.
trend up, I think the safe limit to the low weekly sma5, namely @1.3768.
I will open the instant positions and some pending orders.
instan buy order @ 1.3615
buy limit 1 @ 1.3546
buy limit 2 @ 1.3491
Last edited by arjun; 07-02-2011 at 08:40 PM.
price movements are still halfway to sma5 weekly.
continue to oversee About areas of sma5 a weekly, high and low
because I 'm sure it will be an area for the price reverses direction.
Last edited by arjun; 07-02-2011 at 09:07 PM.
current position, a position succeeded in profit, +27.
two positions is still pending order is executed, we move the pending order
follow line sma5 movement.
trend is still up.
buy limit 1 @ 1.3582
buy limit 2 @ 1.2540
price has been bouncing on the line ema62 tf h4. all pending orders are executed.
we let all positions floting until tomorrow,
because I think prices still going up.
I think that we put the wrong position.
Turning toward the price turns out, whereas in tf d1, green marbles already emerged.
I try to take the risk of installing the OP buy,
because it usually bounces at sma5 low prices.
instan buy order @ 1.3455
yet there is a profit position,
but if you perhatiakn green candle has emerged, although still small.
but I 'm sure prices will move higher.
correction should have run up the price first,
then moves down.