Wednesday 17 June 2009

Open GBP/USD Short 1 @ 1.6388 17/06/09 22:50

I have prepared a couple of charts and am trying to trade off what I observe ie that the second push at 1.66 failed and the RSI dropped. I am not trading off the doji but it could be significant. Daily stochastics have crossed over as well.

The hourly chart showing the trend from the top of the second peak

Once again only 1 pound a point ...

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