Monday 8 June 2009

GBP/USD Rolling Daily Long 1.00 @ 1.5870 08/06/2009 07:48

Hourly Stochastic %K = 6.0 %D = 3.9 RSI = 22
I have decided to go long here as all hourly indicators flag buy. Still dangerous as daily indicators are dropping. Setting stop loss at -50 pips. Already dropped 122 pips from open

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